adplus-dvertising
Business News

Crude Oil Jumps 1% on Geopolitical Risk in Europe, Middle East

stolen crude oil

WATCH THE VIDEO HERE

By Adedapo Adesanya Crude oil settled more than 1 per cent higher on Tuesday due to escalating tensions in Europe and the Middle East as wars in both regions continue to pose a threat to global supply, with Brent crude futures expanding by $1.08 or 1.3 per cent to $85.33 per barrel and the US West Texas Intermediate (WTI) crude futures growing by $1.24 or 1.5% to $81.57 a barrel. According to Russian authorities and a Ukrainian intelligence source, prices increased after a big fire in a gasoline tank at an oil facility in Russia’s southern port of Azov was

WATCH FULL VIDEO

WATCH THE VIDEO HERE