June 24, 2025 7:55 AM
Global oil prices record sharpest single-day decline in 5 years
Global oil prices recorded their sharpest single-day decline in five years following Iran’s attack on the Al Udeid US airbase in Qatar. Oil prices tumbled over 6 per cent, falling by 5 US dollars per barrel, after Iran launched retaliatory strikes in response to US attacks on Iranian nuclear facil...