U.S. crude oil breaks above $87 as Israel reportedly preparing for Iran attack this weekend
Publishing timestamp: 2024-04-12 10:50:08
Summary
Oil prices surged above $87 as reports of potential direct attack by Iran on Israel emerged. If Iran attacks Israel, prices could spike to $100 barrel, and potentially even higher if there is disruption in critical trade routes. Various analysts and experts are closely monitoring the situation and its potential impact on the energy sector.
Sentiment: MIXED
Keywords: wti crude (mar'23), exxon mobil corp, markets, investment strategy, breaking news: markets, ice brent crude (apr'23), oil and gas, business news,
Source: https://www.cnbc.com/2024/04/12/crude-oil-prices-today.html