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 […]
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 […]