Oil rises amid concerns over proposals to reopen the Strait of Hormuz
Qiyas summary
Oil prices continued their rise today (Friday) amid growing concerns over the potential reopening of the Strait of Hormuz. Brent crude futures rose 99 cents, or 1.2%, to $83.48 per barrel, while U.S. West Texas Intermedi
Translated by Qiyas from الأنباء — Original source
Oil prices continued their rise today (Friday) amid growing concerns over the potential reopening of the Strait of Hormuz.
Brent crude futures rose 99 cents, or 1.2%, to $83.48 per barrel, while U.S. West Texas Intermediate crude futures gained 85 cents, or 1.1%, to $78.84.
Oil futures rose by more than $3 per barrel at settlement on Thursday.
