WTI crude futures soar amid Middle East tensions, concerns over China’s demand

WTI crude futures rose 3.5% on Wednesday, reaching $76.8 a barrel, as geopolitical tensions in the Middle East escalated. Concerns about probable supply interruptions have seized the market, and recent developments have heightened uncertainty. Geopolitical unrest unfolds: The impact on oil prices The killing of Hamas leader Ismail Haniyeh in Tehran, combined with Israel’s reported […]