Oil prices rise above $95 as US-Iran tensions fuel supply concerns

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Oil prices rise above $95 as US-Iran tensions fuel supply concerns

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Oil prices surged past $95 per barrel due to heightened US-Iran tensions raising concerns over supply disruptions. Brent crude closed up 5.38%, reflecting market sensitivity to geopolitical risks in the Middle East.

Brent crude, the global benchmark for oil prices, rose 5.38 per cent to $95.36 per barrel on Tuesday as renewed tensions between the United States and Iran heightened fears of supply disruptions from the Middle East. The post Oil prices rise above $95 as US-Iran tensions fuel supply concerns appeared first on Vanguard News.

World Security Conflict Politics Markets Commodities Energy oil prices Brent crude US-Iran tensions supply disruptions Middle East

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