25 Days
Source:
وكالة الأنباء القطرية
Oil prices rise more than 4% at settlement
Oil prices surged by over 4.5 percent at the close, marking their highest levels in more than a month due to tensions in the Middle East, the impact of the U.S. sanctions on Iran, and escalated attacks on ships in the Strait of Hormuz. Brent crude traded at $88.10 per barrel, up by $3.87, while West Texas Intermediate reached $82.49, up by $3.54. Both benchmarks achieved approximately 16 percent weekly gains. These increases reflect growing fears of potential disruptions to energy flows in the region.
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