Reported 3 months ago
Oil prices rose in early Asian trading following the assassination of a Hamas leader in Iran, raising fears of a broader Middle East conflict. Brent crude futures gained 67 cents to $81.51 per barrel, while U.S. West Texas Intermediate rose 69 cents to $78.60 per barrel. Concerns about potential oil supply disruptions, along with strong demand data from the U.S., contributed to the increase in prices.
Source: YAHOO