Oil rises as U.S. renew sanctions against Iran
Thompson ABISOLA Oil prices rose on Tuesday as the U.S. reintroduced sanctions against major crude exporter, Iran, tightening global markets. Meanwhile, heat wave across Europe
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Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.