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Oil Prices Rise

Oil prices rose at the start of trading today, Tuesday, driven by escalating geopolitical concerns in the Middle East, coinciding with the approach of a new round of nuclear talks between Washington and Tehran. By 08:00 GMT (09:00 Algeria time), Brent crude futures rose by about 0.7% to reach $71.97 per barrel. At the…

Oil Prices Rise

Oil prices rose at the start of trading today, Tuesday, driven by escalating geopolitical concerns in the Middle East, coinciding with the approach of a new round of nuclear talks between Washington and Tehran.

By 08:00 GMT (09:00 Algeria time), Brent crude futures rose by about 0.7% to reach $71.97 per barrel.

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At the same time, U.S. West Texas Intermediate (WTI) crude futures rose by 0.7% to reach $66.76 per barrel.

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