Basra crude oil prices increase by $2

The prices of Iraqi Basra crude rose today, with heavy crude reaching $84.23 per barrel, an increase of $1.55 or 1.87%. Meanwhile, Basra Medium crude reached $87.53, also up by $1.55, or 1.80%. This marks an overall increase of about two dollars in Basra-type oil prices, amid rising risks of conflict escalation in the Middle East and its impact on global energy markets.

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