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International Business Times
International Business Times
Business

Clashes Between The U.S. And Iran Continue Around The Strait Of Hormuz. Oil Is Climbing Again

Iran Oil Donald Trump United States
Oil is climbing on Friday as hostilities between the U.S. and Iran continue.

Oil is climbing again on Friday as hostilities between the U.S. and Iran continue.

After dropping slightly on Thursday, both main benchmarks are rising. Brent crude, the international one, gained 1.85% and clocked in at $88.49 per barrel at 9:33 a.m. ET, while West Texas Intermediate, the U.S. one, jumped 2.45% and stood at $85.64 at the same time.

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