Oil Extends Surge as Fresh US Strikes Against Iran Rattle Market
AI Summary
Oil prices surged following renewed U.S. military strikes on Iranian targets, escalating risks to energy supplies from the volatile Middle East region. The strikes intensified market concerns over supply disruptions and geopolitical instability in a key global oil-producing area.
Oil extended a powerful surge as the US struck targets in Iran for a second day, raising risks for energy supplies from the region.