Oil prices edge higher after strikes on Israel test ceasefire
The price of the global benchmark Brent jumped by 2.6% to $95.50 (£71.60) a barrel, while US-traded crude rose by 2.5% to $92.75. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Oil prices experienced an increase as Iran launched missiles at Israel, potentially jeopardizing a fragile ceasefire agreement.
- The global benchmark Brent crude oil price jumped by 2.6% to $95.50 a barrel.
- Iran's Islamic Revolutionary Guard Corps (IRGC) issued warnings of further strikes.
- US President Donald Trump reportedly urged Israel not to retaliate, aiming to preserve a potential deal with Iran.
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