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الاقتصادية
Oil posts solid weekly rise amid Middle East tensions
The article focused on the rise in oil prices during the week due to escalating military clashes between the United States and Iran and ongoing tensions in the Middle East. Brent crude oil increased by 7.6% to around $92.68 per barrel, while West Texas Intermediate surged by 10% to $91.48, amid growing risks to global oil supplies. Continued supply disruptions and rising demand for fuel, especially diesel—which reached a record high in America at $5.85 per gallon—placed significant pressure on energy markets and the global economy. There are concerns that oil prices could reach $100 per barrel if the conflict intensifies further. Additionally, ongoing shipping disruptions in the Strait of Hormuz, one of the most critical energy chokepoints, heighten the risks to global oil supplies.
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