Recent developments have led to a surge in oil prices, largely driven by new restrictions placed on Chinese fuel exports. This, combined with reports of increased US military presence in the Middle East, has heightened concerns over supply stability. Following the escalation of conflict between the US and Israel regarding Iran, both Brent and WTI crude prices have risen sharply.
Oil prices soar to $103 per barrel again as Middle East supply concerns intensify
Recent developments have led to a surge in oil prices, largely driven by new restrictions placed on Chinese fuel exports...
By Dhallo News · October 2, 2026 at 7:41 AM IST
Source: Times of India - Politics
SOURCE: Times of India - Politics
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
Have feedback on this article?Report error or suggestion