Commodities
US-Iran Tensions Push Crude Oil Prices to $93.89 Per Barrel
Global crude oil prices continue to surge, reaching nearly $94 per barrel as tensions between the US and Iran escalate.
New Delhi: Brent crude futures are trading at around $93.89 per barrel after rising 2.4% in the previous session.
The ongoing conflict has increased concerns over possible disruptions to energy supplies, with market analysts warning of further price hikes and fuel inflation risks.
US West Texas Intermediate (WTI) crude stood at approximately $86.84 per barrel following a gain of more than 2%.