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Oil Climbs After Fresh US Strikes on Iran Over Helicopter Attack

Oil Climbs After Fresh US Strikes on Iran Over Helicopter Attack
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Oil Climbs After Fresh US Strikes on Iran Over Helicopter Attack Oil rebounded after the US military launched strikes against Iran following the downing of an American helicopter, posing a new threat to a fragile ceasefire that’s been tested by recent attacks in the Middle East. West Texas Intermediate rose as much as 1.9% to $89.91 a barrel after closing 3.4% lower on Tuesday. Brent settled above $91.

Oil Climbs After Fresh US Strikes on Iran Over Helicopter Attack Oil rebounded after the US military launched strikes against Iran following the downing of an American helicopter, posing a new threat to a fragile ceasefire that’s been tested by recent attacks in the Middle East. West Texas Intermediate rose as much as 1.9% to $89.91 a barrel after closing 3.4% lower on Tuesday. Brent settled above $91. The “self-defense strikes” on Iran were conducted under President Donald Trump’s direction in response to the downing of an Apache helicopter, US Central Command said.
Iran (LOCATION) US (LOCATION) American (ORG) the Middle East (LOCATION) Brent (PERSON) Donald Trump (PERSON) US Central Command (ORG)
Originally published by Bloomberg Markets Read original →