The price of Brent crude oil, the international standard, spiked back over $100 as Iranian strikes hit ships in the regions waters and the ongoing American-Israeli war with Iran showed so signs of slowing.
Thursday’s major developments include Iranian attacks against commercial ships around the Strait of Hormuz and Iraq's port of Basra, escalating a campaign of squeezing the oil-rich Gulf region as global energy concerns mount. The U.S. campaign of airstrikes in Iran is now in its 13th day.
