Oil prices rise by 12% after US and Israeli attacks on Iran disrupt the Strait of Hormuz. Could prices top $100?

Oil prices rose as much as 12% on Monday to their highest level in months as Iran and Israel intensified attacks in the Middle East, damaging tankers and disrupting shipments from the crucial oil-producing region.Brent crude futures rose to $82.37, the highest since January 2025, in the first trading session after the US and Israel […]

Crude oil price exceeds $100? What experts predict after the US and Israel attack on Iran

Khamenei’s death, confirmed by Iranian state media earlier today, prompted warnings of sharp retaliation from Tehran. US President Donald Trump announced that the 86-year-old leader had been killed on the first day of what he described as massive joint airstrikes.Notably, more than 20% of the world’s oil flows through the Strait of Hormuz, which connects […]