Crude Oil Rises on Reports of Possible U.S. Attacks on Iran
Crude oil prices surged Wednesday after reports suggested possible U.S. attacks on Iran by next week, raising concerns about supply disruptions and Iranian retaliation.
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07:17:31 PM UTC
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By Farhan Rafid and Anthony HarrupOil prices rose Wednesday on market concerns about possible U.S. military escalation against Iran after next week's midterm elections and renewed threats to Middle East energy supplies after Yemen's Houthi militants said they targeted Saudi Arabia's largest oil ref…
WASHINGTON (dpa-AFX) - Offsetting two sessions of losses, crude oil prices have surged on Wednesday as several reports suggest possible U.S. attacks on Iran by next week, which could attract intense Iranian retaliation. The war-threat fueled supply disruption concerns for an indefinite period.WTI C…