Oil Prices Surge on Middle East Supply Concerns
New York, April 02 (QNA) - Oil prices have risen sharply at settlement, amid concerns over potential supply disruptions linked to the ongoing conflict in the Middle East.
Futures for Brent crude climbed by $7.87, or 7.78%, to settle at $109.03 a barrel.
US West Texas Intermediate crude rose by $11.42, or 11.41%, to $111.54 a barrel, marking its largest daily gain since 2020. (QNA)
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