💨 Abstract

Oil prices increased on Monday due to concerns over potential supply disruptions from Middle East producers following Israel's increased attacks on Iranian-backed forces. The attacks have escalated the conflict in Lebanon and Yemen. Brent crude futures rose 0.71% to $72.49 a barrel, while U.S. West Texas Intermediate crude futures increased 0.63% to $68.61 a barrel.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖