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Dramatic illustration of oil prices surging past $110 amid US-Israel-Iran war, depicting panicked traders, crashing markets, and fiery Persian Gulf conflict.
Imagem gerada por IA

Oil prices top $110 as Iran war enters second week

Reportado por IA Imagem gerada por IA

Crude oil prices have climbed above $110 per barrel—up 20% in days and over 50% since the war began—as the US-Israel conflict with Iran persists into its second week, fueling fears of prolonged supply disruptions in the Persian Gulf. Asian markets tumbled, while US President Donald Trump called the spike a 'necessary sacrifice' for security.

The DAX closed unchanged at 22,636 points on Tuesday amid uncertainty from the Iran conflict. The index dipped as much as 1.2 percent intraday, following Monday's gains. US President Donald Trump extended an ultimatum to Tehran.

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