Brent crude approaches $97 as Middle East supply concerns grow
Brent crude prices climbed toward $97 per barrel, extending the 4.6% gain seen on Tuesday, as renewed tensions between the US and Iran sparked worries over potential supply issues. Both Washington and Tehran have engaged in strikes targeting military and maritime assets, and nations in the region have reported blocking incoming drone and missile attacks. Investors are keeping a close eye on the situation regarding energy transit routes in the Middle East.
by shortkt.com✓