Brent Crude Soars to $70 Per Barrel as US-Iran Tensions Escalate | Concrete Block
Автор: AIDailyPress
Загружено: 2026-01-29
Просмотров: 6
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As the situation between the US and Iran continues to heat up, Brent crude has reached an eye-popping $70 per barrel for the first time since September. With military strikes on the horizon, investors are flocking to safe havens like gold and the yen. But will these measures be enough to mitigate the risk of disruptions to Iran's oil production of three million barrels per day and tanker traffic through the Strait of Hormuz? Meanwhile, the EU has imposed sanctions on Iran, targeting individuals and entities involved in the violent crackdown on protesters and the country's support for Russia. With tensions at an all-time high, it's essential to stay informed on this developing story.
Concrete Block daily podcast for January 29, 2026. Follow us on social media using the hashtag #ConcreteBlock
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