Oil Sprints to a 5-Month High While Tech and Crypto Stumble
Brent crude touched $115.84 on Friday, its highest level since May. Houthi attacks on Saudi Arabia and fears of new US strikes on Iran drove the move. Other energy prices were mixed, Trading Economics data show: The rally landed on markets still shaken by a tech selloff. Crypto also slipped as investors pulled back from The post Oil Sprints to a 5-Month High While Tech and Crypto Stumble appeared first on BeInCrypto.
Key Takeaways
- Brent crude touched $115.84 on Friday, its highest level since May.
- Houthi attacks on Saudi Arabia and fears of new US strikes on Iran drove the move.
- Other energy prices were mixed, Trading Economics data show: The rally landed on markets still shaken by a tech selloff.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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