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Oil Prices Spike Over 4.5% After Iran Attacks

Channels Television  
Updated January 8, 2020

 

 

Oil prices spiked Wednesday morning, rising over 4.5 percent at one point after Iran fired a barrage of ballistic missiles against two airbases in Iraq used by the US and coalition forces.

The benchmark WTI jumped as much as 4.53 percent to $65.54 a barrel before settling down slightly after Iran unleashed its first response to the US assassination of military commander Qasem Soleimani.


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