New Iranian Leader Vows to Keep Global Oil Gateway Blocked
Oil prices surged on Thursday after ships came under attack in the Persian Gulf, and Iran’s supreme leader vowed revenge for U.S. and Israeli airstrikes.
Oil prices surged on Thursday after ships came under attack in the Persian Gulf, and Iran’s supreme leader vowed revenge for U.S. and Israeli airstrikes.
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Oil prices surged on Thursday after ships came under attack in the Persian Gulf, and Iran’s supreme leader vowed revenge for U.S. and Israeli airstrikes.
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Brent crude traded near $100 a barrel following one of the most volatile weeks ever for the oil market, with investors bracing for more upheaval as Iran pledged to keep the vital Strait of Hormuz effectively shut.
Iran's new Supreme Leader, Mojtaba Khamenei, is wounded and likely disfigured, U.S. Defense Secretary Pete Hegseth said on Friday, adding that the country's leadership was on the run. Grouped from 14 articles across 10 sources.
Iran appeared to have set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, sending oil prices soaring again on Thursday.
Mojtaba Khamenei reportedly selected as Iran's new supreme leader in succession move, described as 'his father on steroids' with deeper security ties. Grouped from 3 articles across 2 sources.
Gold slipped on Friday, on pace for a second weekly decline as the war in the Middle East kept oil prices around $100 a barrel, underpinning global inflationary pressures.
"All partners should maintain pressure on Russia and its war chest," a spokesperson said. Grouped from 2 articles across 2 sources.