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Icetoad 🍕 🎩 🐈
@icetoad.eth
Another great video from CBC's "About That" program on the subject of the Iran/Israel/USA conflict. https://youtu.be/GitCpe8SN9M?si=8HFAeSvRV0nuXwXP
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zhouxiaoniu
@zhouxiaoniu
On Monday, oil prices lost more than 7% after Iran launched targeted and limited missiles strike at US bases in Qatar. US crude tumbled 7.2% to settle at $68.51 a barrel, the biggest one-day drop since early April and one of the worst days over the past three years. Brent closed at $71.48 a barrel, down 7.2%, the steepest since August 2022, according to Reuters. The last time US oil traded below $70 was June 12, a day before Israel began launching strikes at Iran’s nuclear facilities. The decline in crude prices marks a dramatic turnaround from Sunday evening, when prices spiked 6% to as high as $78.50 a barrel.Oil prices had jumped over 10% to a five-month high since the start of hostilities, over concerns of potential disruption to global oil supply.
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