
Rising oil prices due to US-Iran tensions could strain oil-dependent economies, impacting global markets and economic stability. The post Iran tensions push Brent crude to highest since March 2022 at $126.4 appeared first on Crypto Briefing.

Brent surges above $110 as fears grow that the U.S.-Iran war could drag into a prolonged conflict, while the UAE’s shock OPEC exit raises questions over a broader Middle East energy realignment. Oil Boom, Currency Zoom: Energy Winners Surge as Importers Feel …

Iran has proposed reopening the Strait of Hormuz while deferring negotiations with the US on its nuclear programme. However, US President Donald Trump is reportedly “unhappy” with the proposal