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البلاد
Brent crude exceeds $110 amid tensions
Oil prices rose on Tuesday, with Brent crude nearing its highest level in five months, driven by geopolitical risks stemming from Houthi attacks and reports of attacks on ships in the Gulf, which heightened market concerns about energy supply stability. Brent hovered around $110.07 per barrel, after reaching its highest level since May. Oil prices were also affected by ongoing tensions in the Gulf region, coupled with expectations of declining U.S. inventories. Reports indicate that risks related to transportation and supply persist, supporting oil prices above $100.
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