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Oil Prices Surge Amid Geopolitical Tensions

Bangkok Post Wednesday, 17 April 2024 ()
Current crude oil prices are elevated due to conflicts in the Middle East, with ongoing tensions between Russia and Ukraine exacerbating the situation. Amidst the fragile global economic landscape, crude oil prices have declined in the first quarter of the year, whilst the OPEC+ group of producers continues to tightly control supply.
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Video Credit: Oneindia - Published
News video: Israel Strikes Iran: Oil prices rise by over 4 per cent after reports of Israeli strikes | Oneindia

Israel Strikes Iran: Oil prices rise by over 4 per cent after reports of Israeli strikes | Oneindia 02:09

 Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude, soared to $90.54 per barrel, while US West Texas Intermediate (WTI) crude futures spiked by 4.06...

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