11 Hrs
Source:
وكالة بغداد اليوم الاخبارية
German report: Oil prices to keep rising
German reports confirm that oil prices will continue to rise due to the use of the main Saudi oil pipeline, which was damaged under unknown circumstances, leading to an increase in the price of a barrel of oil to more than $110. The report predicts that prices will keep climbing in the coming days due to the rapidly changing situation in the Middle East. Additionally, the increased demand for the dollar has strengthened its value in the short term. These developments follow the targeting of the Saudi oil pipeline that connects oil-exporting facilities to maritime ports, raising concerns about broader impacts on the global oil market.
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