Brent Crude Tops $100 for First Time in Three Months
Brent crude topped $100 a barrel for the first time in three months after Houthi attacks on Saudi oil sites.
Iran launched ballistic missiles, pushing WTI crude oil above $90 after a low of $79 on Aug 26.
Today, WTI crude oil futures turned higher amid news that Iran launched ballistic missiles.
Iran announced it was moving to a pre-emptive doctrine, and indications of this are increasing as the country attempts to disrupt shipping in the Strait of Hormuz.
On Aug 26, WTI touched a low of $79; it has since climbed back above $90.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Brent crude topped $100 a barrel for the first time in three months after Houthi attacks on Saudi oil sites.
Gold reserves held by the People's Bank of China climbed by 650,000 ounces in August, marking the biggest monthly increase since October 2023. The purchase…
Oil prices rose 2.66% after Houthi attacks on Saudi energy sites; German trade surplus widened sharply to €21.3 billion in July.
US gasoline and diesel prices remain high amid Middle East tensions, with oil supply risks and increasing rate-hike expectations globally.