US-Iran war, March 23 -- Brent crude prices have jumped sharply by over 60% since the beginning of the US-Iran-Israel conflict, climbing to around $112 per barrel on Monday from nearly $70 per barrel at the start of the conflict, amid significant disruptions in global energy supply.
In the past 30 days alone, crude oil prices have risen by about 56%, reflecting the severity of the ongoing supply shock.
On Monday, US West Texas Intermediate (WTI) rose 52 cents to $98.75 per barrel, building on a 2.27% gain in the previous session.
Back home, crude oil prices on Multi Commodity Exchange (MCX) remained in a positive trajectory, up 1.12% at Rs.9,360 per barrel.
The surge in oil prices is driven by escalating tensions in West Asia, which h...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.