23 Hrs
Source:
شبكة راية الإعلامية
Oil prices climb amid tanker attacks and stalled talks
Oil prices surged by more than 1% following attacks on tankers and the lack of progress in ceasefire talks between the United States and Iran. Brent crude rose by $1.45 to reach $88.52 per barrel, while West Texas Intermediate increased by $1.15 to $82.40. Market forecasts indicate that Brent’s weekly gains could reach 6%, and WTI’s around 5.4%. The main reasons behind the rise are the escalating attacks on tankers and the deteriorating political relations between Washington and Tehran.
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