Oil set for second weekly rise as unsettled US-Iran war crimps supply
· economictimes.indiatimes.com
Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in oil supply throughout the Middle East. While Brent crude futures have seen a slight uptick, WTI futures registered a small decline. Rising fears about supply constraints from key producers are contributing to these price fluctuations.
Synopsis
Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran a...