Brent Crude Hits $80 a Barrel Amid Renewed Iran-US Tensions

Brent crude oil prices briefly surged to $80 per barrel following a fresh escalation in tensions between the United States and Iran. The spike came after US President Donald Trump declared that a ceasefire with Iran had ended. The announcement introduced renewed uncertainty into global energy markets, triggering an immediate reaction in oil prices. Geopolitical tensions between the two nations have historically been a key driver of volatility in crude oil markets.
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