MARKETS
Brent Crude Oil Near $104: Iran Attacks Tankers, Hurricane Threatens US Supply
Brent crude prices rose about four percent, hovering near one hundred four dollars per barrel. The increase followed attacks on oil tankers by Iran in the Strait of Hormuz, which raised concerns about supply disruptions. At the same time, Hurricane Isaias damaged U. S. oil production facilities, adding further pressure on global oil markets.
Oil Prices Today: Brent crude hovers near $104 a barrel after a 4% surge as Iran attacks tankers in the Strait of Hormuz and Hurricane Isaias disrupts US oil production.
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