Brent Crude Surges on US-Iran Tensions
Crude oil prices have risen as fears of supply disruptions due to US strikes against Iran continue to weigh on markets. The global benchmark for crude oil, Brent, has seen a significant increase in price following reports that US forces had launched targeted military action against Iranian targets.
The development has sparked concerns about potential disruptions to global oil supplies, with prices surging as a result. FOREX.com warns that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.