Africa: Oil Prices Jump 9 Per Cent Amid Us/Israel War On Iran
AllAfrica
March 3, 2026
AI-Generated Deep Dive Summary
Oil prices surged by nearly 9% this week, with Brent crude climbing to $79.41 per barrel, marking a seven-month high. This significant increase was driven by escalating tensions between the United States, Israel, and Iran, which have led to fears of prolonged supply disruptions in the Middle East. The conflict escalated following US and Israeli
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Originally published on AllAfrica on 3/3/2026