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الاقتصادية
Oil up 1% amid tanker attacks and ceasefire talks
Crude oil futures prices rose by more than a dollar per barrel today, Friday, due to attacks on oil tankers and a lack of progress in ceasefire talks between the Trump administration and Iran. Brent crude increased by $1.45 to reach $88.52, while West Texas Intermediate (WTI) gained $1.15 to hit $82.40. Weekly gains now stand at 6% for Brent and 5.4% for WTI. The market is experiencing growing tension amid ongoing attacks on oil tankers and escalating U.S. pressure on Iran, leading to a decline in navigation in the Strait of Hormuz, through which 20% of global oil supplies pass. There are forecasts that oil prices could reach $80 if tensions persist.
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