mniraq - Global crude oil prices posted modest gains as geopolitical tensions were counterbalanced by strong Middle Eastern export flows and emergency stock releases by G7 nations.
Brent crude futures reached $100.59 per barrel, up 0.3%, while US West Texas Intermediate rose to $89.73 per barrel. Maritime shipping data indicated that Gulf oil exports recovered significantly to exceed 81% of pre-conflict levels, mitigating global supply shortage concerns.
