Oil Prices Surge Amid Middle East Tensions and Hurricane Threat
💡 Why it matters
Rising oil prices could fuel global inflation and force central banks to reconsider interest rate policies, impacting consumers and businesses worldwide.
Brent crude rose 3.8% to $104 per barrel on Thursday amid fears of escalating Middle East conflict and a potential hurricane off the US coast. President Trump said oil prices will 'drop like a rock' once the Iran war ends.
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📡 Where we spotted it (3)
The Guardian
Oil prices rise sharply on Middle East tensions and US hurricane threat
20d ago
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foxbusiness.com
President Trump says oil prices will ‘drop like a rock’ when Iran war ends
20d ago
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nbcnews.com
Oil prices hit $105 and stocks tumble as Trump considers renewed strikes on Iran
20d ago
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