Oil Prices Surge Amid Iran-U.S. Escalation | Business and Finance News

Oil prices surged 12% as escalating U.S.-Iran tensions explode into action—Kuwait’s power plant hit, U.S. strikes continue for six nights, and Iran warns Houthi allies to block Red Sea shipping. With Brent at $86 and WTI near $80, the Strait of Hormuz and global supply chains hang in the balance as threats of regional devastation loom. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ff0808fbd615a5a7