Economy

Brent Oil Climbs Above $87 on Escalating Geopolitical Risks

Global oil prices climbed sharply on Wednesday as renewed geopolitical tensions in the Middle East and a larger-than-expected decline in U.S. crude inventories reinforced concerns over near-term supply disruptions. Brent crude oil, the international benchmark for oil, rose above $87 per barrel, while U.S. West Texas Intermediate (WTI) advanced beyond $82 per barrel. The latest […]

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