24 Hrs
Source:
عين ليبيا
War impacts energy and metal markets
Oil prices rose by more than a dollar per barrel due to escalating attacks in the Middle East and concerns over supply disruptions, alongside declining U.S. oil inventories and heightened geopolitical tensions. Brent crude increased by 1.3% to $110.20, while West Texas Intermediate rose by 1.32% to $99.11, following a temporary price dip resulting from mediation efforts and market volatility. Attacks on oil tankers outside the Strait of Hormuz and acts of violence in the region are increasing pressure on supplies, as markets monitor developments in the conflict and its impact on global fuel and oil prices.
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