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Oil prices extend gains as US and Iran trade fresh strikes

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Oil prices extend gains as US and Iran trade fresh strikes

Brent crude futures rose 75 cents, or 0.8 percent, to reach $95.40 a barrel by 0345 GMT on Wednesday as overnight military strikes between the United States and Iran raised fresh concerns over energy supplies.

U.S. West Texas Intermediate crude futures also moved higher in early trading, climbing 44 cents, or 0.5 percent, to $90.66 a barrel.

The early price rises extended a sharp rally from Tuesday, when both benchmark contracts soared by more than $4 a barrel.

Tuesday's jump was the largest single-day gain for Brent crude since July 24. For West Texas Intermediate, it was the biggest daily surge since July 23.

The surge followed a series of overnight


According to Joy Online.

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Isaac Nana Yaw Annor

Isaac Nana Yaw Annor, popularly known as King Bygone, is a Ghanaian blogger, publicist and digital publisher, and the editor of Accra Posts. He started out with an entertainment blog, wrote more than 389 articles for Opera News, and worked alongside broadcaster Abeiku Santana on media and publicity from 2016 to 2024. He founded The Gospel Post, We Post Weddings, Nsemwokrom, AfroYard and Culture Gossip, and is a certified software engineer (ALX Africa). Avance Media named him among the Top 50 Ghanaian Bloggers in 2022, 2023 and 2024.

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