Oil rises over 2 percent
Oil prices jumped by over 2% as Brent crude returned above $90 per barrel, with futures rising by 2.52% to reach $90.32. Meanwhile, West Texas Intermediate (WTI) maintained its stability at $85.41, up by $2.01 or approximately 2.41%. This surge is attributed to sustained global demand and escalating geopolitical tensions, which have led to higher oil prices and expectations of further increases in the near future.
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