An attack on Saudi Arabia that shut 5% of global crude output triggered the biggest surge in oil prices since 1991, after U.S. officials blamed Iran and President Donald Trump said Washington was โlocked and loadedโ to retaliate. The Iran-aligned Houthi movement that controls Yemenโs capital claimed responsibility for the …
Read More »Home / Tag Archives: Oil prices surged by as much as 19% before coming off peaks. The intraday jump was the biggest since the 1991 Gulf War