Oil Prices surge a US-IRAN locks tension heightens

With the US-Iran tensions running high, after Trump approved of Iraqi general Qassem Soleimani’s assassination, the oil prices are taking hit. The prices of oil rose to a three month high as US-Iran relations is under stress. Oil prices surged to $70 a barrel.

Industry experts are of the opinion that the current tensions will inevitably affect the developing economies the most. This is creating a havoc, as the world fears a US-....