Oil Jumps on U.S.-Iran Escalation but Supply Will Dictate Prices Long-Term, Says Analyst
Oil Jumps on U.S.-Iran Escalation but Supply Will Dictate Prices Long-Term, Says Analyst

Brent oil prices, the international benchmark, hit the $70 mark for the first time in three months and the price of West Texas Intermediate, the American oil benchmark, reached more than $63 a barrel.