Author Topic: Oil surges after Iran attacks U.S. forces in Iraq, WTI at around $65  (Read 313 times)

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Offline Elderberry

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CNBC 1/7/2020

TOKYO, Jan 8 (Reuters) - Oil rose sharply, with U.S. crude rising nearly $3, on Wednesday after the U.S. said its forces in Iraq were attacked by Iranian ballistic missiles, raising the prospect of a regional conflagration that could cut oil supplies.

West Texas Intermediate crude futures rose nearly $3, or almost 5%, to $65.50 a barrel at around 0029 GMT. Brent crude was yet to trade after dropping nearly 1% on Tuesday.

Iran has launched an attack on U.S.-led forces in Iraq, the U.S. military said on Tuesday, adding Tehran fired more than a dozen ballistic missiles from Iranian territory against at least two Iraqi military bases hosting U.S.-led coalition personnel.

More: https://www.cnbc.com/2020/01/07/reuters-america-oil-surges-after-iran-attacks-u-s-forces-in-iraq-wti-at-around-65.html

Offline Wingnut

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Re: Oil surges after Iran attacks U.S. forces in Iraq, WTI at around $65
« Reply #1 on: January 08, 2020, 01:32:33 am »
A whole 3 dollars.  9999hair out0000  Wow. this ain't the 70's.  :smokin:  laughable. 333cleo 333cleo
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