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المشهد العربي
Oil prices rise amid US Iran calls
Oil prices rose sharply at the start of the week, with Brent crude reaching $90.87 per barrel, an increase of 2.65%, and West Texas Intermediate (WTI) at $84.50, up by 2.55%. This performance came amid growing concerns over global oil supplies, driven by the stalled diplomatic efforts between the United States and Iran and Tehran's threats to escalate tensions in the Strait of Hormuz. Additionally, shipping activity through the strait has declined, with only 5 ships passing through on Saturday and none entirely on Sunday, compared to the previous week.
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