Oil’s Climb Toward $100: Global Tensions and Supply Cuts Fuel the Rise

(Analysis) Tensions between Israel and Iran, alongside global supply disruptions, are driving oil prices toward the $100 mark. Mexico’s decision to slash crude exports is tightening the global oil market, forcing U.S. refineries to tap more into domestic reserves. U.S. sanctions on Russia, along with potential actions against Venezuela, are causing delays in oil supply. […]

Leave a Reply

Your email address will not be published. Required fields are marked *