Oil prices surge as supply fears offset IEA's record stockpile release

Islam

Oil prices jumped more than 9 per cent on Thursday to break back above US$100 a barrel as Iran struck two tankers in Iraq and threatened to bring down the global economy. TOKYO: Oil prices rose and stocks sank in Asia on Thursday (Mar 12) as Iran struck two tankers in Iraq and threatened to bring down the global economy, overshadowing a record release of strategic crude by the International Energy Agency. As the US-Israel strikes on the Islamic Republic approached their third week, the conflict

Tag-uri: Islam