Reported 25 days ago
Oil prices rose over 2% following reports that Iran may be preparing a retaliatory attack against Israel, renewing market concerns about escalating tensions. West Texas Intermediate futures crossed $70 per barrel, while Brent hovered below $74. Despite Friday's gains, oil is on track for a weekly loss after significant drops earlier in the week. The potential for further geopolitical disruptions, including attacks on Russian energy infrastructure, adds to market volatility.
Source: YAHOO