THENATIONALPULSE (Pulse Wires) - Oil Hits $120 Amid Iran Conflict.
PULSE POINTSWHAT HAPPENED: Brent crude surged to nearly $120 a barrel amid escalating Middle East tensions, before retreating later in the morning.WHO WAS INVOLVED: President Trump, Iran, Saudi Arabia, Israel, and QatarEnergy, among others.WHEN & WHERE: Events unfolded Wednesday night into Thursday across the Middle East, including strikes in Iran and Saudi Arabia, and damage […] The post Oil Hits $120 Amid Iran Conflict. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: Brent crude surged to nearly $120 a barrel amid escalating Middle East tensions, before retreating later in the morning. WHO WAS INVOLVED: President Trump, Iran, Saudi Arabia, Israel, and QatarEnergy, among others. WHEN & WHERE: Events unfolded Wednesday night into Thursday across the Middle East, including strikes in Iran and Saudi Arabia, and damage in Qatar. KEY QUOTE: “The U.S. would destroy Iran’s South Pars gas field if Iran attacks Qatar.” – Donald Trump IMPACT: Global oil and gas prices surged, with Brent futures hitting $120 briefly, while U.S. gasoline prices spiked to $3.88 a gallon on average. IN FULL Brent crude oil prices spiked to nearly $120 a barrel on Thursday morning following the…Open