Europe in Review: Oil Spikes On Israel-US Strikes On Iran, Euro Core Inflation Eases, Italy GDP Slows - A P Moller Maersk (OTC:AMKBY), Basf (OTC:BASFY)

Weekly Chart: Oil Spikes to 9-Month High on Israel-US Attacks on IranOil prices jumped sharply on Monday as US and Israeli strikes on Iran intensified Middle East tensions. This has heightened concerns over potential disruptions to global energy supplies through the Strait of Hormuz.US crude (WTI) surged more than 8% to above $72 per barrel. This marked its highest level in nine months as markets rushed to price in escalating conflict risk involving Iran.WTI Year-to-Date, source: TradingViewICE gasoil futur ...