Brent Oil Price Tops $93 as U.S.-Iran Impasse Persists
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Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high amid fading hopes of U. S. -Iran talks as President Trump announced an “unprecedented” economic pressure campaign against Iran.
In early morning trade in Europe, the international benchmark crude, Brent, rose by 1. 95% to top $93 per barrel, at $93. 48. The U. S. benchmark, WTI Crude, had exceeded the $85 per barrel threshold and was trading 2% higher at $86. 12 a barrel.
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Original source: OilPrice.com