Market on Edge Awaiting Israel’s Next Move Against Iran
Brent crude jumped as much as 5.
5% yesterday before it closed at USD 77. 62/b (+5%).
That is up USD 9/b since the recent low-point of USD 68.
68/b on 10 Sep which was the lowest Brent price since December 2021.
The jump yesterday was fueled by Biden saying that attacks on Iranian oil infrastructure was under.