Oil prices climbed significantly on Monday as tensions rose. Brent crude futures surpassed ninety dollars a barrel, reaching recent highs. Attacks in the Middle East have disrupted energy shipments through the Strait of Hormuz. This escalation follows a substantial weekly gain for oil prices. Analysts suggest markets are underestimating potential inventory impacts from these blockades.
Oil prices climbed significantly on Monday as tensions rose. Brent crude futures surpassed ninety dollars a barrel, reaching recent highs. Attacks in the Middle East have disrupted energy shipments through the Strait of Hormuz. This escalation follows a substantial weekly gain for oil prices. Analysts suggest markets are underestimating potential inventory impacts from these blockades.
<iframe src="https://hindustansphere.com/embed/cluster/af16140d33fc1cef32e9f9c1aab01c11170cda03" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Brent oil tops $90 as US, Iran intensify attacks in Middle East"></iframe>
