Brent crude tops $112, highest since May, as Iran's IRGC Navy says it struck four ships in Gulf oil transfers

Brent crude topped $112 a barrel, its highest level since May, as Iran's Islamic Revolutionary Guard Corps (IRGC) Navy said it struck four vessels conducting ship-to-ship oil transfers in the Persian Gulf and Strait of Hormuz, intensifying Gulf supply fears. The move extends recent gains driven by Middle East supply risks.

Detected & updated continuously · Source: Nebula