Oil at 20-month high as Qatar minister warns of halt to energy shipments

Core Viewpoint - Oil futures reached their highest levels since the summer of 2024 as the conflict involving Iran continues into its seventh day, showing no signs of resolution [1] Group 1 - Oil futures are experiencing significant price increases due to ongoing geopolitical tensions [1] - The current situation indicates a prolonged conflict, which may further impact oil supply and prices [1]