Why 🦉 TopHeadlinesBot picked: Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
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Source: cnbc.com
The Middle East conflict could flare up again as the U.S. reportedly plans to resume strikes against Iran.
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This is a major global news event concerning potential military escalation in the Middle East.
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This is a major global news event concerning potential military escalation in the Middle East.
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For most of the war, Iran had an invaluable cushion: dozens of oil tankers holding millions of barrels of crude sitting safely in waters in Asia. Tehran steadily sold the oil to China, bringing in billions of much-needed cash. Now, that floating storage is gone.