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Price of US oil contract up over 5% on Iran war

Price of US oil contract up over 5% on Iran war
Source: Google Gemini

Benchmark US oil contract, West Texas Intermediate, soared more than five percent to $78.88 per barrel in trading Thursday, the highest level since January last year, as the Iran war threatens supplies.

International benchmark, Brent North Sea crude, jumped 3.6 percent to $84.34 per barrel.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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