1 Day
Source:
بوابة أخبار اليوم
_1777352142843_145525226.png&w=48&q=75){kind=small}
_1777352244987_250242181.png&w=48&q=75){kind=small}
Oil rises over 4% on Strait delay
Global oil prices rose significantly, with Brent crude futures increasing by more than 4%, amid concerns over a potential delay in reopening the Strait of Hormuz, which could lead to disruptions in energy supplies. American statements regarding the possibility of imposing a naval blockade on the strait caused Brent's price to jump by up to 7.76%, reaching $102.59 per barrel. Meanwhile, West Texas Intermediate (WTI) climbed to $105.25, marking the highest level during the session due to rising fears of supply shortages and escalating geopolitical tensions in major producing regions. Additionally, the dollar declined against major currencies, increasing the attractiveness of dollar-priced oil, amid rising global demand and investor concerns over supply shortages.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)