WATCH THE VIDEO HERE By Adedapo Adesanya The price of Brent crude depreciated to $86.56 per barrel on Tuesday after it earlier in the day rose by $87.46 per barrel, the highest level since April 30, as traders assessed the risk of war between Israel and Hezbollah while monitoring the potential threat of Hurricane Beryl to Gulf Coast refineries. Also, the price of the US West Texas Intermediate (WTI) crude depreciated by 36 cents or 0.4 per cent to trade at $86.42 per barrel during the trading session. Oil prices gained 6 per cent last month after sagging in May as geopolitical risk entered
Brent Crude Falls Amid Middle East, Hurricane Tensions
