Iranian Warship Entry Into Red Sea Triggers Oil Price Surge: 'Any Escalation...Is Certainly Going To Add More Of A Risk Premium On Brent': Report

Iranian Warship Entry Into Red Sea Triggers Oil Price Surge: 'Any Escalation...Is Certainly Going To Add More Of A Risk Premium On Brent': Report

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In a recent development, oil prices have skyrocketed due to the arrival of an Iranian warship in the Red Sea, intensifying the already heightened tension in this critical global shipping pathway. What Happened: As reported by CNBC on Tuesday, following the Iranian warship’s entry into the Red Sea,…

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