Oil Prices Spike as US-Iran War Looks Imminent

Oil Prices Spike as US-Iran War Looks Imminent - Moby BREAKING NEWS President Donald Trump and Ayatollah Ali Khamenei appear to be steamrolling toward an open confrontation, and oil prices are spiking accordingly. Brent Crude futures were up about 3% as of mid-day Wednesday, trading at just over $70 per barrel. After falling yesterday when it appeared Iranian and U.S. negotiators were close to reaching an agreement, the world woke up to news on Wednesday that American forces are steadily deploying to t ...