U.S. oil soars 10% in week on fears of U.S.-Iran conflict

June 21, 2019 by  
Filed under News

Oil futures rose 1% on Friday, with U.S. crude up 10% in the week and global benchmark Brent gaining 5%, on fears the United States could attack Iran and disrupt flows from the Middle East, which provides more than a fifth of the world’s oil output.

Source: Reuters Business News

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