3 Hrs
Source:
عين ليبيا
Gulf Tensions Lift Oil; Gold Dips
Oil prices continued to rise during Thursday's trading session, supported by escalating tensions between the United States and Iran amidst fears that this escalation could impact global energy supplies. After a decline earlier in the week following the announcement of a temporary halt to U.S. airstrikes on Iran, oil prices crossed the $100 per barrel mark for the first time since May 2026. There are concerns about potential disruptions to navigation in the Strait of Hormuz, one of the world's most important energy transit routes. The market remains attentive to developments between the United States and Iran, with worries that further escalation could lead to disruptions in oil flows through the Gulf.
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