Oil Price Today (September 9): Crude oil at $99 as Iran attacks US base in Jordan. Can liquid gold hit $120?
· economictimes.indiatimes.com
Oil markets reacted sharply on Wednesday as Iran renewed its assaults on U.S. military installations. Strikes by the Revolutionary Guards on American destroyers and a Jordanian base marked a direct counter to U.S. attacks on their oil tankers. Analysts caution that should shipping turmoil escalate, oil prices might spike to $120 per barrel, intensifying fears over crude supply stability worldwide.
Synopsis
Oil markets reacted sharply on Wednesday as Iran renewed its assaults on U.S. military installations. Strikes by the Revolutionary Guards on American ...