Crude Oil Prices Soar Amid Growing Sanctions Risks

Oil prices posted their first weekly gain since January, driven by heightened supply concerns following a fresh wave of sanctions on Iranian crude exports. As of Monday’s global commodity market session, Brent crude edged close to $72 per barrel, while U.S. West Texas Intermediate (WTI) hovered around $69. According to commodities strategists at ING, the … Continue reading Crude Oil Prices Soar Amid Growing Sanctions Risks