Brent Crude Surges Above $90 as Mideast Tensions Flare
Crude oil futures have rebounded after three days of sharp losses as tensions in the Middle East escalated once again.
The price increase, which saw Brent crude climb above $90 per barrel, comes amid fears of a potential conflict between the US and Iran.
Middle East tensions had been simmering for some time before flaring up recently with the two countries trading fire.