Brent crude tops $106 as Iran warns war could spread to Indian Ocean

AI Summary

Brent crude prices surpassed $106 following warnings from Iran that the conflict might expand into the Indian Ocean. This raised concerns about the security of critical energy and maritime shipping routes, impacting global energy markets.

Oil prices jumped on Thursday after Iran warned that the ongoing war could expand to the Indian Ocean if the United States or Israel launches another attack, raising fresh concerns over the security of key energy and shipping routes. The post Brent crude tops $106 as Iran warns war could spread to Indian Ocean appeared first on Nairametrics.