EMEA Oil Update: Crude Drops as US Reimposes Iran Blockade, Intensifies Strikes
() -- EMEA crude futures fell in after-hours trading on Wednesday as markets assessed the impact of renewed US-Iran conflict, including the reimposition of the US blockade of Iranian ports and fresh military strikes, which further threaten to disrupt global energy supplies. Brent crude futures eased by 0.13% to $84.69