Oil prices surge 20% globally as U.S.–Israel war with Iran raises supply fears

Описание: Global oil prices jumped nearly 20% to their highest levels since 2022 as the expanding conflict involving the United States, Israel and Iran raised fears of supply disruptions in the Middle East. Brent crude briefly crossed $111 per barrel while U.S. WTI crude also surged, amid concerns over shipping through the Strait of Hormuz and production cuts by regional producers.

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