Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries
U.S. crude oil prices rose sharply Friday as Iran escalated attacks in the Strait of Hormuz this week.
CNBC reports: U.S. crude oil prices rose sharply Friday as Iran escalated attacks in the Strait of Hormuz this week.
This business story centres on Iran. Names and organisations mentioned in the coverage include Ukraine, Russian and Strait of Hormuz.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- Iran · Middle East
- Reported by
- CNBC
- First reported
- Key names
- Ukraine, Russian, Strait of Hormuz, Hormuz
- Section
- Business
Sources
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