Global oil prices spiked by over 2 percent after the United States of America bombed Iran’s three nuclear sites.
Oilprice.com data showed that oil prices skyrocketed as trade commenced on Monday.
As of 1:16am on Monday, Brent crude and West Texas Intermediate futures prices stand at $78.99 and $75.81 per barrel, up from $77.07 and $73.83 per barrel on Sunday.
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DAILY POST reports that President Donald Trump announced on Saturday that the US successfully bombed Iran’s Fordow, Natanz, and Isfahan nuclear sites.
Iranian authorities had vowed retaliation, which had sent a panic signal across the Middle East and the world at large.
DAILY POST earlier reports a possible spike in global crude oil prices as the Israel-Iran war took a different dimension after US entrance.
DailyPost
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