Tag: resumes military

  • Oil rises over 3% as US, Iran resumes military attacks

    Oil rises over 3% as US, Iran resumes military attacks

    LONDON, Aug 31 : Oil prices rose more than 3.5 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $3.15, or 3.58 per cent, to $91.25 a barrel at 0903…

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