Economy / Finance

Oil Price Spikes as Geopolitical Tensions Stoke Supply Disruption Fears

QNavyBy
0
Post Views: 239

Oil spikes 4% as geopolitical tensions stoke fears of a supply disruption Phil Rosen Oct 13, 2023, 12:18 PM EDT Oil prices jumped more than 4% Friday amid rising geopolitical tensions. The US on Thursday sanctioned two shipping firms that it said broke the G7 oil price cap. Markets continue to watch how the Israel-Hamas conflict unfolds in the Middle East. Oil prices jumped on Friday amid swirling geopolitical tensions in Europe and the Middle East. West Texas Intermediate climbed 4.25% to $86.41 a barrel, while Brent crude, the international benchmark, jumped 4.09% to $89.52 a barrel. On Thursday, the US imposed…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Jim Jordan Nominated for House Speaker

Previous article

Final Wakeup Call: Happiness and True Wealth Comes from Within

Next article

You may also like

Comments

Comments are closed.

More in Economy / Finance