Oil soars to US$100 on fresh Mideast attacks
Business
Finance
Share this article
Click to view full size
LONDON, United Kingdom (AFP) ā Oil prices surged to US$100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and United States (US) President Donald Trump threatened to strike them in return.
International benchmark oil contract Brent North Sea soared more than six per cent to hit the symbolic US$100 level, as the attacks potentially opened a new front in the Middle East war and Trump threatened the Houthis with āmajor military punishmentā.
Iran meanwhile vowed to continue striking the Gulf region so long as it remains under attack from US strikes.
Business
Finance
Need the bigger picture?
Share this article
Comments (0)
Download our mobile app
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
