West Asia Conflict Drives Oil Prices to $114 | Iran, Israel Attacks Affect Markets

Описание: Crude oil prices have surged sharply due to escalating tensions in West Asia.

Brent crude jumped 23% to $114/barrel, marking its highest price since 2022.

WTI crude oil in the U.S. rose 25% to $114/barrel.

The Hormuz Strait closure by Iran has disrupted the daily transport of 15 million barrels of crude oil, affecting global supply.

Iraq, Kuwait, UAE, and other countries have reduced oil production in response to the crisis.

Israeli attacks on energy facilities in Iran have further pushed prices upward, leaving no immediate signs of relief.

Watch this video for a detailed analysis of global oil prices, the impact of West Asia tensions, and what it means for India and international markets.

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