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<Commodity>NY Oil Price Surpasses USD80 Mark as Iran Attacks Tanker
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The escalation of war by Iran disrupted global fuel supply, as traffic in the Strait of Hormuz came to a standstill after a tanker attack. As a result, New York oil futures surpassed the USD80 mark. New York oil futures for April delivery surged by USD6.35 or 8.5%, closing at USD81.01, notching the sharpest single-day increase since May 2020. Brent oil futures for May delivery lifted by USD4.01 or 4.9%, reaching USD85.41. AASTOCKS Financial News Website: www.aastocks.com |
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