Crude oil prices spike over 5% as conflicting US-Iran signals cloud ceasefire prospects
Brent crude oil prices climbed to $102.49, reflecting uncertainties in US-Iran negotiations. The conflict has hindered oil shipments through the Strait of Hormuz, prompting economic concerns in Asia and adjustments in central bank policies regarding inflation and interest rates.
Brent crude oil prices climbed to $102.49, reflecting uncertainties in US-Iran negotiations. The conflict has hindered oil shipments through the Strait of Hormuz, prompting economic concerns in Asia and adjustments in central bank policies regarding inflation and interest rates.
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