Oil prices surpass 73 USD amid US created tensions

شنبه, 09 اسفند,1404 08:50 ق.ظ
Oil prices surpass 73 USD amid US created tensions

TEHRAN, Feb. 27 (MNA) – Oil prices have risen again in global markets following the US-created tensions in the Persian Gulf.

During trading operations at the ICE London Intercontinental Exchange, the price of the May 2025 contract for Brent crude oil increased by 0.45%, reaching 73.14 USD per barrel.

On the NYMEX commodity exchange in New York, the price of WTI crude oil for April delivery this year also rose by 0.46%, amounting to 70.08 USD per barrel.

Analysts predict that any military conflict will not be limited, but it will last long, sending the oil prices as high as $120 bpd.