Geopolitical Tensions Propel Oil Prices to 6-Month High
TL;DR Summary
Oil prices surged to a six-month high as Israel prepares for a potential attack from Iran or its proxies, leading to concerns about a wider conflict in the Middle East and adding risk premium to the market, with global benchmark Brent rallying above $92 a barrel.
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- Exclusive | Iranian Attack Expected on Israel in Next Two Days The Wall Street Journal
- U.S. crude oil breaks above $87 as Israel reportedly preparing for Iran attack this weekend CNBC
- Stock Market Today: Dow, S&P Live Updates for April 12 Bloomberg
- Oil Prices Rise as Geopolitical Tensions Escalate Barron's
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