By Adedapo Adesanya Crude oil prices settled higher on Friday amid continued tensions in the Middle East just as a strong Dollar and US inflation data pressured the market. Brent crude futures gained 49 cents or 0.55 per cent to trade at $89.50 per barrel and the US West Texas Intermediate (WTI) crude futures rose by 28 cents or 0.34 per cent to $83.85 a barrel. Supply concerns supported prices as tensions continued in the Middle East. The Prime Minister of Israel, Mr Benjamin Netanyahu, said any rulings by the International Criminal Court, which is investigating Hamas’ October 7 attacks
Middle East Concerns Buoy Crude Oil Prices as Economic Woes Remain
