Economy Country March 18, 2025

Oil Prices Rise Amid Middle East Instability

Oil prices saw a slight increase today, Tuesday, fueled by ongoing instability in the Middle East, impacting global markets and supply expectations.


Oil Prices Rise Amid Middle East Instability

Investors are once again striving for investment in oil due to the rising geopolitical risks. Prices for black gold increased slightly on the secondary market. Uncertainty in the Middle East has served as a trigger, intensifying the push for this energy source.

According to data at 06:17 Moscow time, Brent crude oil futures dropped by 0.16%, to $76.46 per barrel. WTI crude oil increased by 0.13%, reaching a mark of $75.25 per barrel.

"Turbulence and instability in the region of the Middle East have caused investors to focus on the reliability of energy supplies," reported the expert.