US Forces Press Iran Campaign as Brent Nears $92 and Tanker Traffic Keeps Falling

Brent crude rose near $92 per barrel and WTI surged past $84—up over 20% since U.S.-Iran hostilities resumed—threatening higher inflation and delayed Federal Reserve rate cuts. Military Escalation Hits Infrastructure Brent crude oil surged toward $92 per barrel Tuesday as intense combat between U.S. forces and Iran stretched into its tenth day. The global benchmark […]