How the U.S.-Iran tensions impact global oil prices

PUBLISHED: Wed, 08 Jan 2020 11:46:57 GMT


The price of oil spiked this morning following the latest attack in the Middle East as Iran fired more than a dozen ballistic missiles against two Iraq military bases that housed U.S led coalition troops. Joining CNBC Africa to unpack more on this tension is Head of Department of International Relations at the University of the Witwatersrand, Rod Alence.

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