Oil Prices Increase Due to Middle East Tensions


Baghdad:Trading data indicated an upward movement in oil prices as Middle East tensions persist.



According to National Iraqi News Agency, Brent crude prices rose above $103.3 per barrel, influenced by attacks from the Houthi “Ansar Allah” group, which has control over northern Yemen.



Brent crude futures for December delivery experienced a 0.55% increase from the previous close, reaching $103.28 per barrel, with prices peaking at $103.39 per barrel during the trading session.