Energy
Brent at $90: The Hormuz Peace Trade Just Collapsed
Brent surged 7.2% to $90.12 as the Iran truce collapsed and Houthis struck a Saudi tanker. What $90 oil means for Gulf budgets and Egypt's import bill.
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Brent surged 7.2% to $90.12 as the Iran truce collapsed and Houthis struck a Saudi tanker. What $90 oil means for Gulf budgets and Egypt's import bill.
WTI crude hits $111.81/barrel with Brent at $109.03. Full analysis of oil's 40% surge since the Iran war:…
Brent at 110 but data reveals hidden oversupply. Will prices crash?