War in Iran Spiked Oil Prices. Trump Will Decide How High They Go
ID: 087f8a13-ca54-5ed4-871b-4e1e3992bef2
STIX ID: report--087f8a13-ca54-5ed4-871b-4e1e3992bef2
Feed Name: WIRED Security
Oil prices surged after U.S. and Israeli attacks on Iran and subsequent regional drone strikes disrupted production and shipping through the Strait of Hormuz. Brent crude jumped nearly 13% as traffic slowed to nearly zero, insurance costs rose, and analysts warn that continued strikes or major infrastructure damage could push prices above $100 per barrel.
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