Oil prices have been as volatile as Wisconsin weather in Spring.
In its latest story of increasing and decreasing prices, crude oil futures are back to just under $102 per barrel after Iran’s supreme leader said it would not allow enriched uranium to be sent abroad, CNBC reported.
The U.S. wants Iran to dismantle its nuclear program, but keeping uranium does not meet that goal required to end the war.
The International Energy Agency said Thursday that the oil market will reach a “red zone” this summer if the Strait of Hormuz, which has been only partially open since the war began, does not reopen.
