Oil prices have climbed back toward $100 a barrel following new U.S. military strikes in southern Iran, which Washington described as defensive actions targeting boats laying mines and missile launch sites. The escalation comes even as diplomatic talks continue, with markets reacting to renewed fears of supply disruptions in a key oil-producing region. Higher crude prices can feed into broader inflation, potentially keeping interest rates elevated for longer. #oil #iran #usa #news #economy
Oil prices have climbed back toward $100 a barrel following new U.S. military strikes in southern Iran, which Washington described as defensive actions targeting boats laying mines and missile launch sites. The escalation comes even as diplomatic talks continue, with markets reacting to renewed fears of supply disruptions in a key oil-producing region. Higher crude prices can feed into broader inflation, potentially keeping interest rates elevated for longer. #oil #iran #usa #news #economy ♬ original sound - Daily Mail - Daily Mail
