14 Hrs
Source:
وكالة صدى نيوز
Oil climbs again amid supply concerns
Reports indicate that the United States and Iran are considering the possibility of a 10-day ceasefire amid escalating tensions in the Middle East related to the war, maritime security, and Iran's nuclear program. Washington hopes to reduce the level of escalation while attacks on Iranian and American interests in the region continue, with U.S. forces conducting strikes against Iranian targets for the 11th consecutive day. These developments are linked to the Houthis' threats to navigation in the Red Sea and the rising risk of disrupting global oil supplies. Oil prices have increased significantly as tensions have intensified, with concerns that Brent crude could exceed $100 per barrel before the end of the year if the escalation persists.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)