Oil Prices Surge Amid Middle East Tensions: A Global Market Ripple Effect

On October 7, 2024, oil prices climbed sharply as tensions in the Middle East continued to simmer. The commodity markets reacted swiftly to the unfolding events in the region. Futures contracts for both WTI and Brent crude oil saw significant gains, surpassing the 3% mark. The New York Mercantile Exchange reported WTI crude for November […]

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