The London Brent crude rose 1.8 percent to $89 per barrel, while US crude oil futures for May settled at $85.13 cents per barrel.
Moscow: Due to Middle East tensions, oil prices in the global market are moving towards new highs.
According to international media, the price of crude oil in the international market reached a seven-month high of 89 dollars per barrel due to fears of supply disruption due to rising tensions in the Middle East.
According to the report, the London Brent crude rose 1.8 percent to $89 per barrel, while US crude oil futures for May settled at $85.13 cents per barrel.
The experts stated that there is a risk of supply being affected due to rising tensions in the Middle East and increased oil production in the US, due to which crude oil prices tend to rise.
England fast bowler Wood retires from internationals after battling injuries
- an hour ago
Operation Shaban-2: Six terrorists killed in Saran Tangi area of Balochistan
- 2 hours ago
11 hurt as student opens fire outside Turkiye school
- 4 hours ago
Chinese President Xi to visit US from Sept 23-25 for talks with Trump
- a day ago
The real story of the iPhone 18 Pro’s camera
- 15 hours ago
GM updates its trucks’ native software to coexist with CarPlay
- 15 hours ago
Security forces kill 12 terrorists in Hangu, Panjgur operations: ISPR
- a day ago
Armed Forces resolute to defeat terrorism, says Field Marshal Asim Munir
- 5 hours ago
Horror movie 'Resident Evil' tops North American box office
- a day ago
Pope Leo calls for AI systems that don't foster divisions
- a day ago
Meta’s Muse is creepy, but maybe not for the reasons you think
- 6 hours ago
Oil price dips briefly below $100 on Saudi exports, hopes of US-Iran diplomacy
- a day ago
