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Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?

As reported by Markets-Economic Times
US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!" Trump wrote on Truth Social.
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Crude oil prices saw a significant rise following renewed military actions between the US and Iran. US President Donald Trump confirmed that American aircraft struck Iranian missile and drone storage locations and coastal radar sites, citing violations of the Cease Fire…

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