GLOBAL OIL PRICES SURGE AS MIDDLE EAST CONFLICT ESCALATES

2026-03-02 - 11:38

GLOBAL OIL PRICES SURGE AS MIDDLE EAST CONFLICT ESCALATES GLOBAL energy markets have been thrown into turmoil following a sharp escalation in military conflict involving Iran over the weekend, sending crude oil prices to their highest levels in over a year. As markets opened today, Monday, Brent Crude futures jumped by more than 8%, breaching