Oil Prices Soar Amid US-Iran Standoff
Analysts predict higher oil prices due to rising tensions between the US and Iran. The U.S.-Iran standoff is driving up geopolitical risk premium, which has already added $4-$10 per barrel to oil prices. Brent Crude and WTI Crude are expected to average above $60 per barrel this year, with price forecasts increased by about $1.50 … Read more