7 Shocking Oil Price Surge Risks: U.S.-Iran Tensions Threaten Global Energy Supply
The global energy market is facing renewed pressure as escalating U.S.-Iran tensions continue to influence crude oil prices, shipping activity, and fuel costs. On September 4, Brent crude settled at $95.29 a barrel, while West Texas Intermediate (WTI) settled at $90.76. Brent was on track for a 6.1% weekly gain, while WTI was heading for…