Oil prices hit their highest level since 2022 at more than $119 a barrel due to the Iran war
By Shadia Nasralla LONDON, March 9 (Reuters) – Oil prices rose above $119 a barrel on Monday, reaching levels not seen since mid-2022, as some major producers cut supplies and fears of a prolonged shipping disruption gripped the market due to the escalating U.S.-Israel war with Iran. Brent crude futures were up $8.77, or 9.46%,…