Iran Oil Shock Is Here: Why Brent Crude Oil Prices Are Spiking Right Now

The Iran oil shock that analysts feared for years is no longer a distant warning it is happening right now. Brent crude oil price jumped more than 7 percent in Asian markets on Mondayas tensions between the United States and Iran escalated sharply. The Strait of Hormuz, the world’s single most critical oil chokepoint, is […]
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