Reports of Attack on Tehran and Internal Power Struggle in Iran Cause International Oil Prices to Surge
Crude oil futures surged following reports of air defense systems responding to targets over Tehran and an internal power struggle in Iran, with Brent settling at $105.07 per barrel.
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- 📰 Published: April 24, 2026 at 05:05
- 🔍 Collected: April 24, 2026 at 05:31 (26 min after Published)
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(Central News Agency Houston, 23rd, composite foreign dispatch) Following reports that Iran's air defense systems are responding to targets over the capital Tehran, and news of a power struggle between Iranian hardliners and moderates, crude oil futures prices surged by $5 a barrel at one point today, but the gains subsequently narrowed.
Reuters reports that Brent crude futures rose $3.16, or 3.1%, to settle at $105.07 a barrel.
West Texas Intermediate (WTI) crude futures rose $2.89, or 3.11%, to settle at $95.85 a barrel. (Translated by: Yang Zhaoyan)
Reuters reports that Brent crude futures rose $3.16, or 3.1%, to settle at $105.07 a barrel.
West Texas Intermediate (WTI) crude futures rose $2.89, or 3.11%, to settle at $95.85 a barrel. (Translated by: Yang Zhaoyan)