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Oil rises as US-Iran tension escalates after Iraq strikes, missile attack

By GhanaSummary Newsroom1 min read
Oil rises as US-Iran tension escalates after Iraq strikes, missile attack

Oil prices rose more than $3 a barrel on Wednesday after joint ​strikes in Iraq by the United States and Saudi Arabia, and ‌the interception of Iran's ballistic missiles aimed at U."Saudi Arabia ​intercepted drones from Iranian-backed groups in Iraq, which were targeting Saudi energy infrastructure," ​they said, adding that U.

Central Command, carried out "targeted strikes" against Iran-backed groups in Iraq ​it blamed for drone ​attacks on the ⁠kingdom's oil facilities.

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