Oil price rises to $108 as Iran describes US plan to end war one-sided.
Crude oil prices climbed significantly in the international market on Thursday as tensions in the Middle East intensified following Iran’s rejection of a peace proposal put forward by the United States to halt the ongoing conflict involving Washington, Israel, and Tehran. The sharp increase in prices came amid fears that the conflict could become more prolonged and disruptive to global energy supply, especially as diplomatic efforts appeared to stall. By […]