Oil Prices Jump Amid Rising Iran-U.S. Airstrike Tensions
Oil prices surged over 2% on Thursday after Iran’s Revolutionary Guards announced an attack on a U.S. airbase in retaliation for a recent U.S. strike. Brent crude rose to $96.63 per barrel, while U.S. West Texas Intermediate reached $90.94, reflecting escalating tensions in the ongoing U.S.-Iran standoff.