Brent Crude Tops $117 as U.S.-Iran Tensions Fuel Market Worry
Photo: TokenPost
Brent crude rose above $117 a barrel Friday for the first time since April as renewed U.S.-Iran conflict concerns drove oil higher and unsettled broader financial markets. The benchmark reached $117.45 during the session and closed at $116.72. It has gained more than 10% in October as expectations of a possible escalation pushed prices higher. President Donald Trump on Friday suggested the United States might launch another military strike against Iran, while also saying the conflict could end soon. The prospect of renewed fighting remained a key concern for the oil market. U.S.
Source: TokenPost
