Oil tops $116 a barrel as Iran warns of US invasion

Oil tops $116 a barrel as Iran warns of US invasion

Oil prices surged to nearly two-week highs on Monday as tensions escalated in the US-Israel war on Iran, with Brent crude topping $116 a barrel, up more than 3 percent. The benchmark reached levels not seen since March 19, when it briefly hit $119, reports AFP. Iran warned it was prepared for a US ground invasion, with the speaker of its parliament stating Tehran was ready to “set them on...

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