Oil prices hit 4-week peak amid rising US-Iran tensions
On Tuesday, July 14, oil prices climbed by approximately 2%, marking their highest point in a month due to concerns regarding potential supply issues following renewed military conflict in West Asia. Brent Crude saw a jump of nearly 4%, climbing above $86 per barrel on July 14, a level not seen since June 12. Simultaneously, US West Texas Intermediate (WTI) crude rose by nearly 3%, pushing past the $80 per barrel mark.
by shortkt.com✓