Global Oil Prices Rise Amid Concerns Over Energy Supply Disruptions in the Middle East

mniraq - Global oil prices recorded a noticeable increase driven by continued concerns related to energy supply disruptions in the Middle East region, against the backdrop of reports regarding security developments and regional tensions affecting the transport and maritime navigation sector. Brent crude futures rose by 0.5 percent to reach high levels, while oil prices achieved additional gains reflecting the ongoing state of caution in global energy markets amidst current geopolitical challenges.