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WTI crude futures soar amid Middle East tensions, concerns over China’s demand

Invezz Wednesday, 31 July 2024 ()
WTI crude futures soar amid Middle East tensions, concerns over China’s demandWTI crude futures rose 3.5% on Wednesday, reaching $76.8 a barrel, as geopolitical tensions in the Middle East escalated. Concerns about probable supply interruptions have seized the market, and recent developments have heightened uncertainty. Geopolitical unrest unfolds: The impact on oil prices The killing of Hamas leader Ismail Haniyeh in Tehran, combined with Israel’s reported […]
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