rafidainscope - Global oil prices recorded notable increases, driven by escalating concerns over energy supplies and intensifying geopolitical tensions in the Middle East. Contracts for Brent crude and West Texas Intermediate crude rose amid regional tensions and confrontations related to
waterways and energy depots. In the same context, the US Central Command denied claims regarding control over vital waterways, while estimates from investors and energy market experts point to the possibility of further increases in oil prices amid ongoing regional
concerns.
