Oil Prices Increase on Renewed Attacks in Middle East
5 Articles
5 Articles
Upward trajectory in international markets with oil breaking the $101 barrier, while the explosive geopolitical scene and the US maintain uncertainty Brent futures for December delivery strengthened significantly by 1.17%, reaching $101.76 per barrel, while US crude for November delivery recorded […] The article Energy crisis and threat to Middle East infrastructure: How geopolitical tensions are sending oil above $101 appeared first on Periodis…
International oil prices returned to record high this Wednesday, 7, in the midst of a new escalation of tension in the Middle East, which led to a wave of concern in the global markets. On the eve, the value of commodity had already closed slightly high in the face of threats between Yemen's Houthis and Saudi Arabia. The war between the United States and Iran has lasted almost eight months and generated strong concern in the markets regarding po…
Oil prices were rising on Wednesday, and Brent's futures remained above $100 a barrel.
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