Uncertainty on Iran War Drives Oil Up 15%

Written by Daniel Graeber for IIR News Intelligence (Sugar Land, Texas)
SummaryEarly-week comments that a return to $100 crude oil was on the horizon rang true. Cease-fire announcements were extended, but geopolitical risk remains high.
$90 Crude Seems Like Only YesterdayVolatility was on display, with on-again off-again prospects for a lasting cease-fire in the Middle East pushing crude oil prices up 15% on the week.Industrial Info Resources has been monitoring developments in the Middle East s