Oil prices surge amid Middle East conflict for first time since 2022
The Iran crisis has sent oil prices surging, and the G7 finance ministers are meeting later today to discuss possibly releasing strategic oil reserves to stabilise oil prices. The Brent oil barrel has reached its highest price since the Russian invasion of Ukraine. Solange Mougin has more on the factors that can make the price of the barrel fluctuate.
The Iran crisis has sent oil prices surging, and the G7 finance ministers are meeting later today to discuss possibly releasing strategic oil reserves to stabilise oil prices. The Brent oil barrel has reached its highest price since the Russian invasion of Ukraine. Solange Mougin has more on the factors that can make the price of the barrel fluctuate.
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