Brentcrude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infra

Brent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened global supply concerns. WTI also surged, recording weekly gains above 10%. Goldman Sachs warned prices could reach $120 if shipping disruptions worsen, while (…)