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Tuesday, Aug 16, 2022
Outlook.com
Outlook.com

Oil Prices Jump In Asian Trading Market Following Soleimani's Death

Oil prices in the Asian Trading Market have jumped after media reported Qasem Soleimani, the head of Iran's elite Quds Forces death. Brent Crude soared 1.31%, to USD 67.12 per barrel while US crude jumped 1.24%, to USD 61.94 per barrel during morning trading hour in Asian market. US Confirmed Soleimani was killed in Defensive Action carried out on the direction of President Donald Trump. The attack has come days after an Iran Backed militia attacked the US Embassy. Soleimani and 25 other people of popular mobilization forces were killed in a US airstrike near Baghdad's International Airport.

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