KATHMANDU. The new wave of war between the US and Iran has reignited fears that began after the attack on Iran in March. The price of crude oil has started rising once again due to the new attack, and Brent crude oil is now trading above $100 per barrel. <\/p>\n
This increase in the price of crude oil is due to a new wave of military tensions between the US and Iran. The US targeted Iranian ships in the Persian Gulf and the Sea of Oman. As a result, millions of barrels of oil have fallen into the sea. In response, Iran immediately launched retaliatory missile attacks on US bases. <\/p>\n
This new confrontation appears to be a resumption of the fighting that took place in March, April and May. Bankers such as Goldman Sachs have also warned that if such attacks continue, the price of crude oil could once again surpass $120. <\/p>\n
On September 10, the price of Brent crude oil reached $101.21 per barrel for the first time since July. The price of US benchmark crude oil also closed at $96.05 per barrel shortly after. The price of LNG has also increased and the closure of the Hamburg Strait could push prices higher. -Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
KATHMANDU. The new wave of war between the US and Iran has reignited fears that began after the attack on Iran in March. The price of crude oil has started rising once again due to the new attack, and Brent crude oil is now trading above $100 per barrel. This increase in the price of […]<\/p>\n","protected":false},"author":16,"featured_media":217841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-315082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/315082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=315082"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/315082\/revisions"}],"predecessor-version":[{"id":315083,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/315082\/revisions\/315083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/217841"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=315082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=315082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=315082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}