1 Day
Source:
وكالة موازين نيوز
Oil hits $105 amid supply concerns
The spike in oil prices to $105 per barrel is a result of escalating tensions in the Middle East, particularly between the United States and Iran, which has heightened fears of disruptions to global supplies. The conflict has renewed after a period of calm, with warnings that the escalation could continue and impact energy prices. The oil market continues to record gains after Brent crude exceeded $100 for the first time since July, while global oil inventories have decreased by 400 million barrels. Price increases are expected to continue amid rising tensions and without any clear signs of escalation easing in the near future.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)