Brent Crude Surges On Supply Disruptions

Brent crude rises 3.4% to USD107.77 Brent crude surged 3.4% to around USD107.77 due to supply disruptions in the Persian Gulf. The disruptions have led to a significant reduction in Iranian exports from Kharg Island. Satellite imagery shows tankers used as

Brent crude rises 3.4% to USD107.77

Brent crude surged 3.4% to around USD107.77 due to supply disruptions in the Persian Gulf.

The disruptions have led to a significant reduction in Iranian exports from Kharg Island.

Satellite imagery shows tankers used as floating storage, indicating a near halt in exports.

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