Commodities
Oil Prices Spike 2% Amid Crude Export Recovery
Oil prices rose more than 2% in Tuesday's trading, driven by signs of recovery in crude exports from the region.
Brent crude futures increased to $107.44 per barrel, while December futures reached $99.87 per barrel. US crude futures also gained, rising over 2% to $94.50 per barrel.
In contrast, gold prices were relatively stable, hovering near a seven-week low due to concerns that the Federal Reserve may keep interest rates higher for longer.