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Global oil prices settle at 6-week high after topping $95 a barrel, as hopes dim for de-escalation of Iran war

Global oil prices settle at 6-week high after topping $95 a barrel, as hopes dim for de-escalation of Iran war

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Oil prices settled at six-week highs on Wednesday after the U.S. struck Iran for the 11th night in a row and President Donald Trump warned that the U.S. will bomb Iranian bridges and power plants if Tehran fires on ships in the Strait of Hormuz.

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Oil prices settled at six-week highs on Wednesday after the U.S. struck Iran for the 11th night in a row and President Donald Trump warned that the U.S. will bomb Iranian bridges and power plants if Tehran fires on ships in the Strait of Hormuz.

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