The price of the benchmark US oil contract soared more than 10 percent Friday on fears of extended disruption to crude supplies after President Donald Trump demanded Iran’s “unconditional surrender”.
West Texas Intermediate surged 10.63 percent to $89.62 per barrel, while international benchmark Brent North Sea crude reached $91.89, the highest level in nearly two years.
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.
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Source: Insider Paper
