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Brent Crude Rises as US-Iran Strike Plans Loom

Brent Crude Rises as US-Iran Strike Plans Loom

Photo: The Currency Analytics

Community Trust Score Verified 93 % Real Verified 15 votes Updated 48 seconds ago Brent crude touched $117.42 per barrel on Friday, October 23, marking its highest level since April. The surge places the benchmark within $2 of its yearly high, driven by escalating military tensions in the Middle East and reports of planned US and Israeli strikes on Iran. The immediate catalyst for the price jump was fresh attacks by Iran-backed Houthi forces on Saudi Arabia. As fighting intensified, Saudi Aramco evacuated its headquarters.

Source: The Currency Analytics

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