Oil prices have soared! Biden announced a possible strike on Iran's oil facilities
Oil prices rose sharply after US President Joe Biden announced a possible strike on Iran's oil facilities. The market is awaiting further actions by OPEC+ and possible consequences for the global oil market.
Oil prices jumped sharply after Biden announced the possibility of a strike on Iran's oil facilities. The price of Brent oil reached $77.4 per barrel. OPEC+ is ready to compensate for any supply losses, but if the situation affects the Strait of Hormuz, the global market may face serious problems.
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