Oil prices hit highest level since 2022 ...News

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Oil prices hit highest level since 2022
Brent futures approached $90 per barrel on Tuesday The price of the oil benchmark Brent peaked at $89 per barrel on Tuesday, nearing levels last seen in June 2022, according to Intercontinental Exchange (ICE) data. Industry experts have attributed the surge to an Israeli airstrike on the Iranian consulate in Damascus and Tehran’s threat of retaliation.  Brent futures had risen by nearly 2% since Monday to trade at $89.060 per barrel as of 10:25 GMT, before retreating slightly, according to the ICE figures. The US benchmark West Texas Intermediate exceeded $85. On Monday, Iran – a major oil producer – threatened a

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