Money and business

Oil prices rise 2% amid escalating geopolitical tensions


rosetoday are more than (2%) supported by increasing geopolitical uncertainty in the markets, despite continuing concerns about the weakness of.

And By (1.41) dollars, or (2.4%), to reach about (63) dollars per barrel.

Oil prices

While US West Texas Intermediate crude oil rose by about one dollar, or the equivalent of (2.6%), to about (56.6) dollars per barrel.

The two crude oils had declined in the previous session, approaching their lowest levels in (5) years, affected by expectations of increased supply. Global in light of the progress of the Russian-Ukrainian peace talks, and the possible easing of sanctions on Moscow that may result.

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