Oil Prices Surge Amid Middle East Escalation and Stalled Diplomacy
Global energy markets face immediate supply volatility as West Texas Intermediate futures trade at $102.2 per barrel, up 2.16%, and Brent futures reach $106.8 per barrel, a 2.14% daily increase, following a series of military attacks across the Middle East and stalled regional diplomacy. According to reports from Oilprice.com, prices initially surged over 3% in … Read more