Oil Prices Surpass $90 a Barrel After Fresh Attacks in US Iran War The latest round of airstrikes between the US and Iran has sent shockwaves through global energy markets, pushing oil prices above $90 a barrel for the first time in nearly six weeks.
The fragile peace deal between the two nations is crumbling, and with it, investor hopes of stability in the region.
The price hike may seem modest compared to the $120 a barrel peak in April, but its implications are far reaching. Brent crude's 1.