3 sources
Oil soars 25%, gold drops as Iran war jolts global commodity markets
Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-day
By Bizweb2 Bizweb2
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crude price jumping by 36 per cent and Brent crude rising by 28 per cent last week. That's 4.6 per cent higher than its Friday closing price of $3.19, after rising about 11 per cent last week. The future for the S&P 500 was down 1.6 per cent, while the Dow's fell 1.8 per cent.
What this story is about
People
- Chris Wright2
- Mohammad Bagher Qalibaf
- BNN Bloomberg - Oil
- Mojtaba Khamenei
- Tony Sycamore
- Ali Khamenei
- Donald Trump
- Benchmark
Organisations
- Texas Intermediate2
- UAE2
- Organization of the Petroleum Exporting Countries
- ON SUPPLY DISRUPTIONSAluminium
- Chicago Mercantile Exchange
- CBS News' Face the Nation
- Revolutionary Guard Corps
- Chicago Mercantile
Places
- Strait of Hormuz3
- United States3
- Israel3
- Kuwait3
- Tehran3
- Iran3
- Iraq3
- United Arab Emirates2
Keywords
- barrel2
- prices2
- soars2
- war2
- retaliation
- facilities
- production
- commodity
- shipping
- impedes
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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Oil soars 25%, gold drops as Iran war jolts global commodity marketsNewsWire English
Oil Soars Past $100 A BarrelNews First