Oil prices rose on Monday after Iran’s Revolutionary Guards said they would target Israel’s power plants and those supplying U.S. bases in the Middle East in retaliation against any attack on its electricity sector.Brent crude futures rose $1.57 to $113.76 a barrel by 0731 GMT. U
IEA Chief Warns Of ‘Very Severe’ Situation In Middle East, Calls For Reopening Of Strait Of Hormuz
The Executive Director of the International Energy Agency Fatih Birol said on Monday that the global energy situation caused by the conflict in the Middle East is “very severe.”“Let me explain to you how challenging the situation is. Many of us remember the two consecutive oil cr Read More







