Oil Prices Soar Amid Geopolitical Tensions and Supply Chain Disruptions
Global oil prices have surged to new heights, with Murban Crude reaching $116.3 per barrel, WTI at $96.15, and Brent at $101.1.
The current market trends indicate a rise in crude oil prices due to various factors such as geopolitical tensions, supply chain disruptions, and increased demand.
Aaj News reports that Iran-US tensions have contributed significantly to the increase in global oil prices.