Oil prices rose on Tuesday amid concerns about the expansion of the conflict in the Middle East and the possibility of a tropical storm later this week affecting production in the United States, the world's largest crude producer. Brent crude futures for November rose 21 cents, or 0.3 %, to $74.11 a barrel, while US West Texas Intermediate crude futures for November rose 24 cents, or 0.3 %, to $70.61. Both crudes closed lower yesterday on concerns about demand. The US Gulf Coast is expected to face the risk of a hurricane by the end of the week. Source: National Iraqi News Agency
Recent Posts
Araghchi Criticizes Macron’s Stance on Iran’s Nuclear Activities
October 23, 2026
Araghchi Criticizes US Spending on Missile Defense for Israel
October 23, 2026
Pakistan Engages in Diplomatic Efforts Amid Iran-US Tensions
October 23, 2026