Oil prices rose in Asian trading on Wednesday after two days of sharp gains, as an intensifying conflict between the U.S., Israel, and Iran kept supply disruption risks at the forefront of investor concerns.
As of 22:25 ET (03:25 GMT), Brent Oil Futures expiring in May rose 1% to $82.21 per barrel, while West Texas Intermediate (WTI) crude futures gained 0.7% to $75.07 per barrel.
Both benchmarks closed nearly 5% higher on Tuesday. Brent oil surged above $85 per barrel, reaching their highest level since July 2024.
Source : Investing.com