Oil prices rise on concerns of wider Middle East conflict, US storm
- Posted on September 24, 2024
- By Business News Today
- 3 Views
Oil prices rise on concerns of wider Middle East conflict, US storm
Oil prices rose on Tuesday due to concerns over the conflict between Israel and Hezbollah affecting supply in the Middle East and a potential tropical storm impacting U.S. output. Brent crude futures increased by 0.3% to $74.11 a barrel, while U.S. crude futures rose by 0.3% to $70.61.
