
Oil Prices Jump to $78.50 After US Strikes Iran Nuclear Facilities
Key Points
- Iran's nuclear tensions caused a jump in oil prices, with Br...
When the U.S. decided to knock on Iran's nuclear door with some uninvited fireworks, oil prices didn't just wake up - they practically jumped out of bed. Brent crude shot up to $78.50 per barrel while WTI climbed toward $75.30, reminding everyone that geopolitics and your gas bill are more connected than you might like.
The market's reaction was about as subtle as a fire alarm. Energy stocks enjoyed their moment in the spotlight while the S&P 500 and friends took a more cautious approach, dipping modestly in early futures trading. Meanwhile, Asian markets - particularly Japan - went into full...
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