Oil Prices Surge as Brent-WTI Spread Blows Out on Iran Supply Risk - Crude Oil Prices Today | OilPrice.com
Source:OilPrice.com
Oil prices surged and the Brent-WTI spread widened to $10 per barrel as the Iran conflict disrupted flows through the Strait of Hormuz, tightening seaborne supply for international markets while U.S. crude remained insulated.