Fear that retaliations will escalate but hopes that they are fading in magnitude
Brent crude spikes to USD 90.
75/b before falling back as Iran plays it down. Brent crude fell sharply on Wednesday following fairly bearish US oil inventory data and yesterday it fell all the way to USD 86.
09/b before a close of USD 87.
11/b.
Quite close to where Brent traded before the 1 April attack.
This morning.