20 Hrs
Source:
الراي
Oil surges 5% amid Middle East tensions
Oil prices have risen significantly after Iran and Israel exchanged attacks for the first time since the ceasefire, threatening stability in the Middle East. Brent crude surged by up to 5% to reach $97.83 per barrel, while West Texas Intermediate neared $95. The spike in oil prices comes amid stalled negotiations to end the ongoing war in the region.
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