Brent Crude Tops $90 Amid Diminishing Hopes for US-Iran Agreement

Oil prices rose on Tuesday, driven by renewed market concerns regarding the potential for a prolonged crisis surrounding the Strait of Hormuz, stemming from divergent demands between Iran and the United States.اضافة اعلان

The price of a barrel of Brent crude (North Sea) for October delivery rose by 2.46% to reach $89.88, after briefly touching the $90.02 mark.

Similarly, its US counterpart, West Texas Intermediate (WTI) crude for September delivery, climbed 2.67% to reach $84.32 per barrel.

(AFP)