17 Hrs
Source:
شبكة فلسطين الإخبارية
Oil exceeds $100 for fourth week
Oil prices have risen above $100 per barrel and are on track to achieve a fourth consecutive week of gains, due to escalating tensions in the Red Sea and the Strait of Hormuz, as well as growing concerns over the expanding US-Israeli conflict with Iran. Brent crude futures increased by 0.37% to $101.06, recording a weekly gain of 14.6%. Meanwhile, West Texas Intermediate (WTI) remained steady at $91.20, heading towards a weekly increase of approximately 11.8%.
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