Oil Prices Rise by Nearly 3% at the Start of Trading

Al-Taj News – Oil prices rose by nearly 3 percent at the start of trading this week, with the price of Brent crude reaching $107 per barrel, while U.S. crude surpassed the $102 level.

Market data indicated that this rise at the opening of weekly trading comes amid escalating regional tensions and growing concerns over energy supplies and the security of navigation in vital areas.

Furthermore, the rapid increase in prices reflects a state of anticipation in global markets and the impact of current geopolitical developments on trade and energy flows.