Oil Prices Ease On Prospect Of Persistently High US Interest Rates
The news that Israel had struck Iran rocked markets and raised fears that the Middle East’s oil supply might be disrupted, which caused oil prices to soar on Friday. The benchmark contracts increased by over $3 before somewhat declining. As of 06:15 GMT, Brent futures were trading at $88.51 per barrel, up $1.40, or 1.61%. […]
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