Escalation of crisis between Israel-Iran brings rally in oil prices

2 Oktyabr 09:40 | 1 647

Iran's missile attack on Israel increased the price of oil on the stock exchanges, SİA reports.

The price of the December 2024 Brent oil export contract increased by 1.75% to 74.85 US dollars per 1 barrel during the trading operations held on the ICE London Intercontinental Exchange.

At the same time, the price of 1 barrel of WTI ("West Texas Intermediate") brand oil exported in November of this year on the NYMEX commodity exchange of New York increased by 1.93% and amounted to 71.18 US dollars per 1 barrel.

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