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Oil retreats after hitting four-year high on concern of US-Iran war escalation Reuters
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The longer the disruption to Middle East fuel supplies lasts, the risk grows that higher energy costs will feed into broader inflation that could dent economic growth.
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Oil Hits Wartime High Above $120 a Barrel as Standoff Shows No End in Sight The New York TimesOil jumps to highest price since 2022 after report Trump to be briefed on new Iran options BBCGlobal oil price retreats after hitting 4-year high on concern of US-Iran war escalation ReutersOil prices keep spurting higher, but US stocks hold near their records AP NewsOil surges to highest price since 2022 on growing supply fears CNN
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