April 20, 2025 5:02 PM
Oil Prices Climb 5% Amid Iran Sanctions and OPEC Output Cuts
Global crude oil prices rose about 5%, registering their first weekly gain in three weeks. Brent Crude futures settled at 67 dollars and 96 cents per barrel while WTI Crude closed at 64 dollars and 68 cents per barrel. Earlier this week, President Donald Trump's administration issued new sanction...