Oil Prices Surge as U.S. Destroys Iranian Tankers; China Inflation Beats Estimates

· thestockmarketwatch.com

Global energy markets reacted sharply on Wednesday as West Texas Intermediate (WTI) and Brent crude futures extended gains for a fourth consecutive session.

Key Takeaways

WTI and Brent crude prices surged toward $100 per barrel after the U.S. military destroyed five Iranian oil tankers in retaliation for missile at...


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