Oil prices spiked on Tuesday after Iran fired a series of ballistic missiles at Israel, pushing prices to the highest level in nearly one year.

West Texas Intermediate (CL=F) rose more than 5% to trade just below $72 per barrel. Brent (BZ=F), the international benchmark price, also climbed roughly 5% to hover firmly above $75 per barrel.

  • ironhydroxide@sh.itjust.works
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    2 months ago

    $10 says a large number of Trump voters will claim the dock workers strike is the sole cause of the increase, and blame Biden for not forcing them back to work.

    • ℍ𝕂-𝟞𝟝
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      2 months ago

      A gentleman does not bet on a sure thing. They would have claimed it even if there wasn’t any price increase.