AAA reports Tension Between the United States, Iran Leads Crude Prices to Temporary Spike in Oil Prices
January 12, 2020
Tampa, FL – AAA says crude oil prices have spiked and dropped twice in the past six days. The first spike occurred last Friday following a U.S. drone strike in Baghdad, which killed Iran’s Major General Qassem Soleimani.
Prices spiked again on Tuesday when over a dozen missiles were launched by Iran at military bases in Iraq that house American soldiers in retaliation for the drone strike.
Crude oil prices experience reactive spikes after Iran’s General Qassem Soleimani was killed by a United States Drone strike. (AAA)
