BBCNEWS BBC News July 14, 2024
Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. My colleague mariko oi is in singapore. Bring us up to date on what the cost of crude is doing. There was a huge spike when oil began trading on the global markets. That is right, we saw brent crude prices j...