WTI crude futures soar amid Middle East tensions, concerns over China’s demand
Wednesday, 31 July 2024 () WTI 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 […]
Brent Crude prices spent just a few hours below the $80 a barrel mark as tensions in the Middle East flared up again, pushing oil prices up by 2.5% early on... OilPrice.com