US Crude Oil Futures Surge 12% in One Month Amid US-Iran Tensions
Prices have reached their highest levels since August 2025, reflecting heightened geopolitical risks in energy markets.
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Terms & Concepts
- Crude oil futures: Contracts obligating the purchase or sale of crude oil at a predetermined price and date, commonly used for hedging or speculation.
- Geopolitical risk: The potential impact of political events or tensions between nations on financial markets and commodity prices.
- Futures market: A marketplace where participants buy and sell contracts for delivery of assets at a future date.