World oil prices struck fresh 2019 peaks on Tuesday, boosting energy shares prices. Crude futures extended Monday’s sharp rally, which was triggered by a US crackdown on Iranian oil exports. Brent North Sea crude reached $74.70 per barrel Tuesday, the highest point since early November. WTI hit a similar near ...
China warned Tuesday that the US decision to impose sanctions on buyers of Iranian oil will “intensify turmoil” in the Middle East and in the international energy market. The White House announced Monday it was calling an end to six-month waivers that had exempted several countries — including major importer ...
