Oil prices jump up as US-Iran tensions escalate

Oil prices were back higher on Wednesday as U.S.-Iran tensions escalate again. As of late Wednesday afternoon, international benchmark Brent crude was trading at about $91  per barrel, up from as low as about $83 earlier this week.  That price is still well below the pre-ceasefire highs and prices last week, which reac

Oil prices are back to jumping as Middle East tensions escalate, while the Federal Reserve kept interest rates on hold, with three of the central bank’s rate-setting committee dissenting.

Oil prices are back to jumping as Middle East tensions escalate, while the Federal Reserve kept interest rates on hold, with three of the central bank’s rate-setting committee dissenting.

US President Donald Trump confirmed on Fox News that the US and Saudi Arabia coordinated attacks on Iran-backed Iraqi militias with the Iraqi government itself. But Iraq has called the strikes a 'blatant violation', and its prime minister has called off a meeting with the Saudi Prince Mohammed bin Salmane due to the at