Oil Jumps on U.S.-Iran Escalation but Supply Will Dictate Prices Long-Term, Says Analyst
Video Credit: Cheddar Inc. - Duration: 03:14s - Published
Oil Jumps on U.S.-Iran Escalation but Supply Will Dictate Prices Long-Term, Says Analyst
Brent oil prices, the international benchmark, hit the $70 mark for the first time in three months and the price of West Texas Intermediate, the American oil benchmark, reached more than $63 a barrel.