Crude oil surpasses $100 as US-Iran hostilities escalate

The latest escalation came after U.S. forces destroyed five more Iranian crude oil tankers, while Iran targeted U.S. forces in Jordan.

The attacks followed a series of strikes that began over the weekend, when U.S. forces hit three other oil tankers after Iran’s Islamic Revolutionary Guard Corps (IRGC) targeted two U.S. warships.

Oil prices subsequently eased slightly from their session highs but remained significantly elevated.

Originally published by
tgnews.com.ng

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