Oil Prices rise as tensions escalation in the Middle East

New York, SANA-Oil prices climbed as tensions in the Middle East intensified, with continued exchanges of fire between Israel and Iran keeping markets on edge.

According to CNN Business, Brent crude futures rose by $1.17, or 1.6%, reaching $74.40 per barrel, while U.S. West Texas Intermediate (WTI) crude increased by $1.34, or 1.87%, to $73.11 per barrel.

Reem Abdulhameed / Manar Salameh

Check Also

Health Minister meets Syrian health staff residing in Istanbul

Istanbul, SANA-Health Minister Dr. Musab al-Ali discussed with a number of Syrian medical staff residing …