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مباشر
Oil prices climb amid Middle Eastern export concerns
Crude oil prices recorded slight gains on Tuesday, as the market continued to express security concerns in the Middle East despite ongoing regional oil exports and the G7's decision to draw from emergency reserves. Brent crude rose to $100.59 per barrel, while West Texas Intermediate increased to $89.73, amid rising costs and security risks associated with transporting oil through the Strait of Hormuz. However, Saudi exports have improved, with Gulf oil flows exceeding 81% of pre-war levels in September. The G7 agreement helped to ease some fears, but elevated shipping costs and increased attacks on oil tankers in the region still pose challenges to supply.
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