Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Demian Bio

Brent Crude Rebounds After U.S. Strikes Iranian Forces And Tehran Says It Has The Right To Retaliate

Brent crude rebounded on Monday following U.S. strikes against Iranian forces in the Strait of Hormuz.

Brent crude rebounded on Monday following U.S. strikes against Iranian forces in the Strait of Hormuz. Concretely, the price of the international benchmark rose by 2.97% at 8:59 a.m. ET on Tuesday, clocking in at $96.20.

The incident took place on Monday, with the U.S. Central Command saying it targeted Iranian forces to protect its troops, but emphasized the ceasefire is still in place.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.