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101 new news items in the last 24 hours
  1. Home
  2. Economy

Oil prices hit their highest since January, fueled by the escalating conflict between the US and Iran, sparking supply fears.

Raluca Ioana Draghici
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23 June 2025, 07:20
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Oil prices rose sharply, with Brent hitting $78.93 a barrel and WTI $75.73, amid escalating conflict in the Middle East after the US attacks on Iran. The tensions have sparked fears that Iran could close the Strait of Hormuz, a crucial point for global oil supplies. Goldman Sachs estimates the price of Brent could temporarily reach $110 a barrel in the event of major disruptions. Since the conflict began on June 13, prices have risen 13% for Brent and 10% for WTI.

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Economica
Prețul petrolului a crescut la cele mai înalte niveluri din ianuarie încoace, ca urmare a situației din Iran
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Ziare.com
Prețul petrolului urcă la cel mai ridicat nivel din ultimele cinci luni, pe fondul tensiunilor dintre SUA și Iran
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Profit.ro
Prețul petrolului crește, dar moderat, după intrarea SUA în război împotriva Iranului

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NEWS ON THE SAME TOPICS

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Economy
The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
event image
Economy
Oil exceeds 90 dollars per barrel due to the conflict between the USA and Iran. Analysts predict further increases in price.
event image
Economy
The price of oil rises by approximately 2% after the US airstrikes on Iran.
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Economy
Brent crude oil surpasses 80 dollars per barrel after escalating tensions between the USA and Iran
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Economy
Oil prices fell by approximately 3% after Donald Trump showed reluctance to resume military conflict with Iran.
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Economy
The price of a barrel of oil has dropped by more than 3% after the signing of a memorandum of understanding between the USA and Iran for the reopening of the Strait of Hormuz.
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