4 articles tagged with “geopolitical risk”
Brent crude prices have risen above $80 per barrel following the reimposition of US sanctions on Iran and proposed levies on oil shipments through the Strait of Hormuz.
Global oil prices spiked as US military strikes in southwestern Iran triggered fresh geopolitical tensions in the Persian Gulf, raising concerns over energy security and supply disruptions.
Crude oil prices jumped 8% and approached $80 per barrel after U.S. President Donald Trump announced the end of the ceasefire with Iran, sparking energy market volatility.
Crude prices spiked to $74 per barrel after US President Donald Trump declared the Iran ceasefire 'is over,' heightening regional tensions in the Middle East.