Oil jumps to highest price since 2022 after report Trump to be briefed on new Iran options
•Oil prices jump after report Trump to be briefed on new Iran military options13 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterCostfoto/NurPhoto via Getty ImagesOil prices j...
•The BBC has contacted US Central Command and the White House for comment.Brent crude rose by 4.5% to $123.30 (£91.50) a barrel, the highest level since Russia's full-scale invasion of Ukraine in...
•The more active July contract was up by about 2% at around $113 in morning trade in Asia.Futures contracts are agreements to buy or sell an asset at a set date.The US said it would blockade Iranian po...
هذا الخبر من BBC Business. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
Oil prices jump after report Trump to be briefed on new Iran military options13 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterCostfoto/NurPhoto via Getty ImagesOil prices jumped on Thursday in Asia after a report that the US military is set to brief President Donald Trump on new plans for potential action in the Iran war.US Central Command has prepared a plan for a wave of "short and powerful" strikes on Iran in a moved aimed to break the deadlock in negotiations with Tehran, news site Axios reported. The BBC has contacted US Central Command and the White House for comment.Brent crude rose by 4.5% to $123.30 (£91.50) a barrel, the highest level since Russia's full-scale invasion of Ukraine in 2022.Energy prices have risen this week as peace talks appeared to have stalled, with the key Strait of Hormuz waterway remaining effectively closed.The Axios report cited anonymous sources, saying the proposed wave of strikes would be likely to include infrastructure targets.Another plan focused on taking over part of the Strait of Hormuz so that it can be reopened for commercial shipping, Axios reported, adding that doing so could involve troops on the ground.US-traded West Texas Intermediate crude oil also rose, up by 2.3% at around $109 a barrel.The current Brent futures contract for June delivery is due to expire on Thursday. The more active July contract was up by about 2% at around $113 in morning trade in Asia.Futures contracts are agreements to buy or sell an asset at a set date.The US said it would blockade Iranian ports for as long as Tehran continues to threaten vessels that try to use the Strait of Hormuz, severely disrupting global energy shipments.Iran retaliated against US-Israeli airstrikes by threatening to attack ships in the waterway, through which about a fifth of the world's energy usually passes.Oil prices surged by 6% on Wednesday following reports that Washington is preparing for an "extended" bl...المصدر: BBC Business | Source: BBC Business
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