Oil futures on Monday jumped by over 8%, with West Texas Intermediate futures and Brent trading at $72.52 and $79.04 per barrel respectively. from US Top News and Analysis https://ift.tt/qQ5u9sn
It is unclear who is governing Iran, the fourth-largest oil producer in OPEC, after U.S.-Israel strikes killed Ayatollah Ali Khamenei. from US Top News and Analysis https://ift.tt/JFR2dje
Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz. from US Top News and Analysis https://ift.tt/JBKGWuD
Iran's strategic allies Russia and China have made strong diplomatic protests, but analysts say neither is in a position to offer meaningful support. from US Top News and Analysis https://ift.tt/jZ2dgGn
Khamenei assumed power following the death of Ayatollah Ruhollah Khomeini in 1989, inheriting a revolutionary state still consolidating itself. from US Top News and Analysis https://ift.tt/DT5ukfS