U.S. crude oil cracks $85 to hit highest level since October as geopolitical tensions mount

$85 write an understanding…

Oil prices climb to five-month high on escalating Middle East tensions


“The new week, the new month and the new quarter was greeted with escalating tension in the Middle East with indirect Iranian involvement,” Tamas Varga, an analyst at oil broker PVM, said in a research note published Tuesday.

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