Middle East Tensions Fuel Oil Prices Above $90 a Barrel

The Middle East conflict has led to an increase in energy prices, which may persist due to new dynamics in the region. Energy prices have risen above $90 a barrel recently, according to TD Asset Management's Vice President and Director for Commodities, Humza Hussain.

While higher fuel prices have not yet had a significant impact on demand, there are concerns that energy prices may remain elevated as tensions in the Middle East continue. This situation could lead to sustained price levels above $90 per barrel, affecting global markets.