Brent crude surged as much as 13% after US and Israeli strikes on Iran all but halted tanker traffic through the Strait of Hormuz, with Citigroup projecting oil will trade in the $80-to-$90-a-barrel range.
Brent crude surged as much as 13% after US and Israeli strikes on Iran all but halted tanker traffic through the Strait of Hormuz, with Citigroup projecting oil will trade in the $80-to-$90-a-barrel range.