Business

Oil Prices Surge as US Strikes Iran Amid Tensions

BBC Business

Oil prices spike following US military strikes on Iran. Discover the implications for global energy markets and what this means for the future.

Oil prices jumped after US strikes on Iran's Bandar Abbas.

Brent Crude rose 3.75% to $97.83 amid escalating tensions.

Around 20% of global oil passes through the Strait of Hormuz.

Iran vows to respond to US attacks, raising conflict fears.

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