Peaked at #1 Now #1
Brent Crude Breaches $115
Brent crude surged above $115 per barrel for the first time since May 4, within 4% of its March 9 Iran-war high.
Key points
- Brent crude oil prices surged above $115/barrel for the first time since May 4th, per @KobeissiLetter.
- Brent is now less than 4% away from its Iran War high recorded on March 9th.
- In a separate post, @KobeissiLetter said Brent crude oil surged above $114/barrel for the first time since May 5th as US-Iran tensions escalate.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
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Brent crude surges above $114/barrel for the first time since May 5 as US-Iran tensions escalate.
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Reaction on X: Replies were largely skeptical and joking about the oil price surge, with several users tying higher oil to reduced odds of Fed rate cuts and higher inflation risk. No response from the original poster was present.
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From @JF_Stanley, @mrBcryptooo, @fredde129 and others. Spam removed, with English and Chinese translations.
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