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Oil Rises More Than 3% as War Expands in the Middle East

March 5, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Oil Rises More Than 3% as War Expands in the Middle East

Oil prices rose on Thursday by more than three percent amid fears of a prolonged disruption of vital supplies due to escalating conflict between the United States and Iran in the Middle East, with concerns focused on shipping flows through the Strait of Hormuz. According to trading data, Brent crude rose by $2.44 or 3% to $84.01 a barrel by 09:20 GMT, while West Texas Intermediate crude also increased by the same amount to $77.10 a barrel. Read the full content on الشروق أونلاين.

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