💨 Abstract

Oil prices increased on Tuesday due to concerns about the escalating conflict between Israel and Hezbollah affecting supply in the Middle East, and the potential impact of a tropical storm on U.S. production later in the week. Brent crude and U.S. crude futures rose by 0.3%, with the latter at $70.61 per barrel.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖