Oil prices surged to their highest level since the beginning of the US-Iran war early Thursday before retreating on the strength of fresh reports that President Trump could soon resume attacking the Islamic Republic.
Oil Hits Wartime High Above $120 a Barrel as Standoff Shows No End in Sight The New York TimesOil jumps to highest price since 2022 after report Trump to be briefed on new Iran options BBCGlobal oil price retreats after hitting 4-year high on concern of US-Iran war escalation ReutersOil prices keep spurting higher, but US stocks hold near their records AP NewsOil surges to highest price since 2022 on growing supply fears CNN
