Oil soars over 2 percent after U.S. strikes Iran, Andreas Steno Larsen notes

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1 hour ago

Oil soars over 2 percent after U.S. strikes Iran, Andreas Steno Larsen notes — Oil jumps as U.S. strikes Iran

Andreas Steno Larsen, founder & CEO, reports that oil prices spiked minutes after U.S. military strikes against Iran were launched.

West Texas Intermediate crude rose 2.9 percent to $72.46 per barrel and Brent gained 2.8 percent to $76.20 per barrel shortly after the U.S. action.

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Larsen has previously highlighted major movements in technology and equities. He pointed out that SpaceX reached a $135 billion valuation, sending Elon Musk's net worth near $1 trillion. In another report, Larsen noted that AI stocks drove S&P 500 gains while more than 400 stocks in the index posted losses.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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