Global oil prices soar after Israel attacks Iran
Global oil prices soar after Israel attacks Iran

www.bbc.com
Global oil prices soar after Israel attacks Iran

Global oil prices have jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East.
The price of the benchmark Brent crude was up by more than 10% shortly after the news emerged, reaching its highest level since January.
Traders are concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region.
It would be interesting to see which members of congress bought futures in the preceding week.
I'm just asking questions
Another good question is why did it dip and got cheaper just before a big event that raised it?
https://au.investing.com/news/commodities-news/us-oil-futures-dip-despite-api-inventory-showing-surprise-fall-in-crude-stock-3884686