
Oil Soars To 5-Month Highs After US Strikes Iran Nuclear Site — Goldman Sachs Warns of 40% Spike If Hormuz Disrupted
The Middle East geopolitical tensions have sent oil on the boil as the threat of supply disruptions looms large. The West Texas Intermediate (WTI)-grade of crude oil spiked over 2% in overnight trading on Sunday. Oil spiked past the $76-a-barrel mark to $ …