Brent and US crude rise on Libyan force majeure

Oil prices have shown a notable increase following the announcement by the Libyan Oil Corporation of the possibility of declaring a force majeure on September 15, 2026. This led to a 1.7% rise in Brent crude futures and a 2.1% increase in U.S. crude. This move comes amid ongoing geopolitical tensions and the impact of global market conditions, reflecting concerns over future oil supplies.

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