Brent Crude continues to burn, trading at USD 115/Barrel amid Middle East tensions
New Delhi, Oct. 26 -- Brent crude oil prices continued to remain around USD 115 per barrel on Monday amid escalating tensions in West Asia, with persistent supply concerns and the risk of further conflict keeping global oil markets on edge.
Crude oil prices have surged more than 5 per cent over the past week and are trading near their 52-week high of USD 117.41 per barrel, reflecting concerns over the impact of the Middle East conflict on global energy supplies.
Ponmudi R, CEO of Enrich Money, said the continuing stand-off in the Middle East and the possibility of further escalation remained key concerns for domestic markets.
"The continuing stand-off in the Middle East, with the risk of further escalation, remains a key concern for do...
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