Brent crude futures saw a sharp decline of over 7% after U.S. President Donald Trump’s remarks suggested a potential end to the Middle East conflict. This shift has significant implications for global oil markets.
Tag: energy market
Crude Oil Prices Surge Amid Ongoing Iran War
Crude oil prices have crossed $100 a barrel due to the ongoing Iran war, with Brent crude reaching $119 per barrel, the highest since July 2022.