World5h ago
Oil nears $100 as fresh Middle East strikes raise supply risks
NEW DELHI: Oil prices rose for the fourth straight session, gaining more than $1 in early trade on Wednesday after renewed attacks across the Middle East heightened worries about supply disruptions. Brent crude futures rose 1.4 percent, to $99.33 a barrel by 05:12 a.m. Saudi time, while US West Texas Intermediate crude was at $94.34 a barrel, up 1.4 percent. Brent crude prices have jumped by a quarter since early August as hopes for a permanent resolution to the six-month-old war fa
This story was originally reported by Arab News. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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