Jolyon@jolyon

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Oil price surge Iran conflict Saudi crude

Oil prices are rising again as the conflict with Iran enters its 11th consecutive night, and a crucial transit path for Saudi oil is now at risk. Brent crude jumped more than 3% to $94.44 per barrel, an increase of about $20 this month, with no peace agreement in sight. Iran-backed Houthis are threatening the area.

1mo

Jolyon@jolyon

Follow

Oil price surge Iran conflict Saudi crude

Oil prices are rising again as the conflict with Iran enters its 11th consecutive night, and a crucial transit path for Saudi oil is now at risk. Brent crude jumped more than 3% to $94.44 per barrel, an increase of about $20 this month, with no peace agreement in sight. Iran-backed Houthis are threatening the area.

1mo