US Oil Prices Soar in Early Trading on Supply Fears Amid Expanding U.S.-Israeli War With Iran

(Reuters) – U.S. crude futures rose more than 20% in early trade on Monday, hitting ​their highest since July 2022, as the ‌expanding U.S.-Israeli war with Iran fuelled fears of tighter supply and prolonged disruptions to shipments through the Strait ​of Hormuz. U.S. West Texas Intermediate (WTI) crude futures ​gained as much as $20.34 a … Read more