Oil prices rose in early electronic trading Sunday evening as investors digested the impact of U.S. airstrikes on Iran’s nuclear facilities—a direct escalation that injected new geopolitical risk into energy markets and reignited concerns over Middle Eastern supply.
Brent crude, the international benchmark, surged as much as 5.7 percewnt to top $81 per barrel before settling near a 2.2% gain, trading around $78.80 as of early evening. West Texas Intermediate gained 2.4 oercewnt to about $75.60. Both benchmarks spiked following the news of the strikes and then eased as markets awaited Tehran’s response.
President Donald Trump announced Saturday that U.S. forces had struck the Fordow, Natanz, and Isfahan nuclear sites in Iran. The strikes marked Washington’s first direct military action in
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