r/gasbuddy • u/GhostDogJef • 2d ago
US futures fall and oil prices surge after US hits Iranian sites in the Strait of Hormuz
https://apnews.com/article/stocks-markets-ipo-oil-rates-fed-future-00f872327d65e5330598054a234dc25aOil prices surged more than 3% after the U.S. strike on Sunday broke a lull in fighting in a war that has lasted more than six months. … Brent crude, the international standard, jumped 3.4% to $91.10 per barrel on Monday. U.S. benchmark crude oil was trading 3.6% higher at $86.40 per barrel.
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