Brent hits ~$116, highest since mid-April, on fears of US strikes on Iran after midterms

Brent crude is trading at about $116, its highest since mid-April, on fears of US strikes on Iran after the midterms. Strait of Hormuz traffic is about 20% below pre-war levels, while the Nasdaq fell 2.9% last week with chip stocks under pressure.

Detected & updated continuously · Source: Nebula