Oil Prices Rise Amidst Middle East Tensions And Economic Stimulus Expectations
Oil prices climbed on Tuesday in the global commodities market, driven by expectations of a U.S. Federal Reserve interest rate cut, optimism about economic recovery in China, and escalating tensions in the Middle East that heighten supply concerns. Brent crude rose to $72.22 per barrel, while the U.S. benchmark, West Texas Intermediate (WTI), reached $68.38 … Continue reading Oil Prices Rise Amidst Middle East Tensions And Economic Stimulus Expectations
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