Commodity wrap: oil prices surge on Iran fears; silver records new all-time high
Oil prices rose sharply on Tuesday due to fears over disruptions in supply from Iran. Both West Texas Intermediate crude oil and Brent hit multi-month highs on Tuesday, with WTI prices breaching the $60-per-barrel mark for the first time since December 8. Meanwhile, gold prices were mostly steady around the $4,600 per ounce level amid
