The rise in oil prices after America announced the downing of an Iranian aircraft march


Arab and international

Economy News _ Baghdad

Oil prices rose on Friday as tensions rose in the Gulf, as US President Donald Trump announced that his country had dropped an Iranian droner, while Tahran said it had stopped a foreign oil tanker in the Gulf.
By 09:54 Moscow time, Brent crude was trading at $ 62.74 a barrel, up 1.31% from the previous settlement. US crude futures rose 0.78% to $ 55.73 a barrel.
The rise was supported by increased tension in the Gulf region, after Trump announced that the US destroyer Boxer had destroyed an Iranian marlin approaching 1,000 meters in the Strait of Hormuz.
Iran has said it stopped a foreign oil tanker in the Gulf, boosting market concerns over global oil supplies.

http://economy-news.net/content.php?id=17293

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s