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Manila Times Business

Oil prices climb 3% after Iranian missile strikes on Israel

TOKYO, Japan — Oil prices rose more than three percent on Monday when markets reopened after the weekend, reflecting renewed concerns over Iran's first attack on Israel since an April 8 ceasefire. In early trading, the price of Brent crude, the international benchmark, climbed 3.29 percent to $96.15 a barrel. Its US equivalent, West Texas Intermediate (WTI), rose 3.25 percent to $93.48 a barrel. Tehran fired several missiles at Israel on Sunday, which Israel claimed to have intercepted. Th

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Source: manilatimes.net

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