Oil prices rise amid escalation in the Persian Gulf: US strikes on Iran and record drop in US inventories
Brent and WTI oil rose by 0.7% amid new US strikes on Iran and a drop in raw material inventories in America. Experts note an increase in the geopolitical premium due to the risk of supply disruptions following the downed Apache helicopter and the retaliatory attack. 🛢️🚁📈
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