Crude oil prices spike over 5% as conflicting US-Iran signals cloud ceasefire prospects
Crude oil prices resumed their upward trajectory in Thursday’s trade (26 March) as traders grew increasingly skeptical about the prospects of a ceasefire between the US and Iran to end the month-long conflict that has triggered a global energy crisis and raised concerns over economic stability. Brent crude rose 5.4% to $102.49 per barrel, compared…