Oil prices surge again as regional tensions escalate
Brent crude climbed above $100 a barrel on Wednesday as renewed US-Iran hostilities raised concerns over global oil supplies. Prices have fluctuated sharply since the conflict bega
Brent crude climbed above $100 a barrel on Wednesday as renewed US-Iran hostilities raised concerns over global oil supplies. Prices have fluctuated sharply since the conflict began in February, with Brent previously reaching $126.41. WTI also surged before retreating following hopes of de-escalation and strategic reserve releases. Renewed strikes have now pushed prices higher again, reigniting supply concerns.
Related Topics
Syeda Mubeena Hashmi
JournalistStaff correspondent covering World and national affairs for Pakistan Times Today.
Comments (0)
No comments yet. Be the first to share your thoughts.