Oil Prices Rise Above $90/b, Brent Hits $92

Global benchmark Brent crude has climbed more than eight per cent to trade above $92 a barrel (bbl). Also, U.S. oil futures surged above $90/bbl for the first time since October 2023 as the escalating conflict involving Iran disrupted critical energy flows and effectively halted most tanker traffic through the Strait of Hormuz. The U.S. […]