Oil price soars to highest level since 2022 as US-Iran impasse shows no sign of resolution

Business

Oil Price Soars To Highest Level Since 2022 As Us-Iran Impasse Shows No Sign Of Resolution

By The Guardian

The price of Brent oil soared above $122 a barrel on Wednesday, its highest level since 2022, as US-Iran ceasefire negotiations stalled and the critical strait of Hormuz remained effectively closed. In a one-day surge of almost 10%, the price of Bren ...Read more