Oil Prices Rise After Iran Attacks Israel
RARaajje MV – a month ago
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Oil prices surged in Asian markets on Monday morning following Iran's missile attacks on Israel, the first since a US-brokered ceasefire agreement in April. Brent crude prices rose 2.6% to $95.50 per barrel, while US crude prices increased by 2.5% to $92.75 per barrel. The Islamic Revolutionary Guard Corps (IRGC) of Iran warned that these attacks are just the beginning of potentially week-long strikes. However, US President Donald Trump is reportedly urging Israel not to retaliate, according to Axios.