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Oil Surges as Fresh US Strikes on Iran Threaten Fragile Truce

Oil Surges as Fresh US Strikes on Iran Threaten Fragile Truce
Bloomberg Markets Wednesday 10 June 2026, 22:03 UTC By Nicholas Lua 1 min read
Key Points

Oil pipelines run near storage tanks at the Enbridge Inc. Cushing Terminal in Cushing, Oklahoma, U.S., on Friday Feb. 24, 2011. Oil in New York surged to a 29-month high of $103.41 a barrel on Feb. 24 as Libyan leader Muammar Qaddafi vowed to crush an uprising that threatens his 42-year rule.

Oil pipelines run near storage tanks at the Enbridge Inc. Cushing Terminal in Cushing, Oklahoma, U.S., on Friday Feb. 24, 2011. Oil in New York surged to a 29-month high of $103.41 a barrel on Feb. 24 as Libyan leader Muammar Qaddafi vowed to crush an uprising that threatens his 42-year rule.
Iran (LOCATION) Enbridge Inc. (ORG) Cushing Terminal (PERSON) Cushing (LOCATION) Oklahoma (LOCATION) U.S. (LOCATION) New York (LOCATION) Libyan (ORG) Muammar Qaddafi (PERSON)
Originally published by Bloomberg Markets Read original →

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