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ECONOMY

Oil prices rise amid Middle East tensions

Oil prices jump as Middle East tensions intensify. Brent reaches $93.01, WTI hits $89.57 per barrel.

David Wilson
ByDavid Wilson- Senior Editor
|
0
Oil prices rise amid Middle East tensions
Photo: Prepared by Bond.az

Oil prices have risen amid uncertainty over the resolution of conflicts in the Middle East.

According to Interfax, Brent crude futures for August on London's ICE exchange rose by $1.89 (2.07%) to $93.01 per barrel.

Meanwhile, WTI crude futures for July on NYMEX increased by $2.21 (2.53%) to $89.57 per barrel.

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Oil prices rise amid Middle East tensions | Bond.az