The Commodities Feed: Middle East escalation pushes energy prices higher

🌐 Hellenic Shipping News (Greece) —

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Escalating tensions in the Middle East have pushed energy prices higher, with Brent crude rising above $95 per barrel. Iran recently attacked two oil tankers after weekend strikes, and the US responded with additional strikes on Iranian targets, heightening geopolitical risks in the Persian Gulf region.

Energy – ICE gasoil crack hits new record highs Brent pushed back above $95/bbl, reaching its highest level in more than a month, as Persian Gulf tensions escalated further. After weekend strikes, Iran hit two oil tankers in the region yesterday. The US, meanwhile, carried out additional overnight strikes on Iranian targets, adding fresh geopolitical ...

World Conflict Politics Markets Commodities Energy Shipping Middle East energy prices Brent crude Iran attacks US strikes Persian Gulf geopolitical risks oil tankers

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