23 Hrs
Source:
سواليف
Brent crude surpasses $97
Brent crude oil prices rose today, Monday, surpassing $97 per barrel to reach their highest levels in about six weeks. The increase was driven by escalating military tensions in the region and growing concerns over disruptions to navigation and oil supplies through the Strait of Hormuz. The surge followed a rise in attacks on oil tankers and ships, leading to a slowdown in maritime traffic and heightened worries about larger disruptions in global markets. Additionally, Iran announced plans to establish a new restricted zone in the Gulf and released maps outlining a new shipping route through the Strait of Hormuz, further amplifying market fears.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)