Oil prices rose by more than 1% on fears of possible disruptions to supplies from the Middle East, fueled by geopolitical tensions
Liviu Brăteanu
Economy
Foto: Pixabay
Always see our news on Google
On Wednesday, oil prices rose sharply, with Brent reaching $66.25 a barrel and US crude at $62.92 a barrel. The rise was triggered by fears of a possible Israeli attack on Iranian nuclear facilities, which could disrupt oil supplies, given that Iran is a major producer in OPEC. There is also a risk that Iran could retaliate by blocking the Strait of Hormuz, affecting oil exports from the region.
Sources
Tensiunile dintre Israel și Iran duc la creșterea prețului petrolului cu peste 1%
Petrolul se scumpește brusc pe fondul pericolului unui atac al Israelului asupra instalațiilor nucleare din Iran
Prețul petrolului crește cu peste 1% în contextul unui posibil atac israelian asupra Iranului
Latest News
09:48
Gucci launches “Made in China” sneakers / Fashion house seeks to win back price-conscious customers
09:35
The U.S. Supreme Court gives Donald Trump a victory in verifying voters' citizenship ahead of the November legislative elections
08:50
OpenAI alerted dozens of institutions after AI agents accessed websites and improperly transferred users’ images
08:33
Claudiu Manda: PSD is ready for early elections and to govern
08:14
White House excludes CNN journalists from traveling with Donald Trump aboard Air Force One
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
