Middle East Tensions Send Oil Prices Soaring
Oil prices continued to rise on Tuesday due to growing concerns over potential disruptions to crude supplies.
The threat of prolonged tensions in the Middle East, particularly from Iran, has raised fears of supply chain disruptions.
Brent crude futures rose 34 cents, or 0.35 percent, to $97.34 per barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.15, or 1.26 percent, to $92.63 per barrel.