Brent Closes Above US$90 as US-Iran Strikes Resume and Wall Street Slips

ENERGY · MARKETS Key Facts —The price: Brent above US$90 again: Brent crude settled at US$90.49 a barrel on Monday, up 2.7 percent, after the first direct military exchange between the United States and Iran in a month. West Texas Intermediate (WTI), the US benchmark, rose 2.8 percent to US$85.76. —The trigger: US forces struck…