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Euronews
Euronews
Quirino Mealha

Oil surges to $110 a barrel after Israel strikes Iran's energy facilities

Oil Donald Trump Iran Israel IRGC United States Karoline Leavitt Strait of Hormuz European Union Gulf

Brent crude oil prices reached $110 a barrel on Wednesday afternoon, after Iranian state media reported that part of the South Pars gas field, the largest plant in Iran, and the Asaluyeh oil facility were struck by Israel.

Moreover, the US oil benchmark WTI also rose and is trading at $98 a barrel at the time of writing.

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