BusinessPhoto: NDTV BusinessCrude Oil Prices Rise for Third Week Amid Middle East Tensions
Crude oil prices rose on Friday, heading for a third consecutive weekly gain due to heightened supply concerns from the Middle East after attacks on Saudi Arabia. Brent crude futures increased 0.36% to $113.58 per barrel, while US West Texas Intermediate rose 0.33% to $99.80. The rise follows Iran-backed Houthi attacks and reports of planned US-Israel strikes on Iran amid ongoing regional conflict.
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