Oil prices today: Crude jumps as Trump dashes hopes of quick Iran war end; Brent tops $111
Middle East tensions escalated Friday, sending oil prices soaring as US strikes on Iran intensified. Brent crude climbed 7.8% to $109.03 per barrel, with WTI futures reaching record premiums. Disruptions in the Strait of Hormuz, a vital oil transit route, are fueling supply concerns and pushing energy prices to multi-year highs.
Middle East tensions escalated Friday, sending oil prices soaring as US strikes on Iran intensified. Brent crude climbed 7.8% to $109.03 per barrel, with WTI futures reaching record premiums. Disruptions in the Strait of Hormuz, a vital oil transit route, are fueling supply concerns and pushing energy prices to multi-year highs.
