Oil prices increase sharply
Oil prices experienced an increase during the week, as Brent crude rose by 7.6% to reach $92.68 per barrel, while West Texas Intermediate (WTI) increased by 10% to $91.48. This rise was driven by disruptions in supply routes in the Middle East, amid ongoing tensions that fueled upward momentum. By the end of the week, oil prices posted significant gains—some of the largest since June 2026—supported by rising demand and supply disruptions.
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