India, Aug. 31 -- Rebounding from last Friday's slide, crude oil prices have soared on Monday as the U.S. recommenced attacks on Iran yesterday after a month-long pause, which was followed by Iran's retaliatory strikes, stoking concerns of a broader re-escalation in the gulf.
WTI Crude Oil for October month delivery was last seen trading up by $2.24 (or 2.69%) at $85.64 per barrel.
The U.S.-Iran war is in its seventh month. For over a month's time, both nations refrained from any military maneuvers.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....