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Oil Prices Erase Gains as Iran Downplays Reports of Israeli Missile Attack

OilPrice.com Friday, 19 April 2024 ()
Oil prices gave up nearly all of early Friday’s gains after an Iranian official told Reuters that there hadn’t been a missile attack against Iran. Oil surged by as much as $3 per barrel in Asian trade early on Friday after a U.S. official told ABC News today that Israel launched missile strikes against Iran in the early morning hours today. After briefly spiking to above $90 per barrel early on Friday in Asian trade, Brent fell back to $87.10 per barrel in the morning in Europe. The news was later confirmed by Iranian…
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Video Credit: Oneindia - Published
News video: Israel Strikes Iran: Oil prices rise by over 4 per cent after reports of Israeli strikes | Oneindia

Israel Strikes Iran: Oil prices rise by over 4 per cent after reports of Israeli strikes | Oneindia 02:09

Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude, soared to $90.54 per barrel, while US West Texas Intermediate (WTI) crude futures spiked by 4.06...

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