Oil prices up almost 2% amid Israeli attacks on Qatar


The rally upward of oil futures is also being agreed by members of OPEC+, which is agreed on Sunday to increase oil production compared to the current 1.65 MB/D per day. Representative file image.

The rally upward of oil futures is also being agreed by members of OPEC+, which is agreed on Sunday to increase oil production compared to the current 1.65 MB/D per day. Representative file image. , Photo Credit: Reuters

Oil prices increased by about 2% after the Israeli military made a “accurate strike” to target Hamas’s senior leadership in Qatar. Brent crude futures rose 1.97% to $ 67.32, which had exceeded its previous close to GMT (9 PM IST) at 3 pm, while WTI crude futures left the mark behind and trading at 2.12% high $ 63.59.

The rally above oil futures is also being fuel by members of OPEC+ Agreed on Sunday to increase oil production Current 1.65 MB/D. A small from 137 thousand barrels anticipated per day. S&P Global mentioned in its recent analysis that many market analysts expected major growers to keep output flats.

Israel’s latest strike

The Israeli defense forces and Israeli security forces confirmed in a statement that they launched an accurate strike “targeting the senior leadership of Hamas”. He convicted the organization for the 7 October attacks and for recurrent attacks on the West Asian nation.

In a statement, the official spokesperson of the Ministry of External Affairs condemned Al Ansari’s attacks as a “coward”. “This criminal attack carries a clear violation of all international laws and norms, and there is a serious threat to safety and safety of Qataris and residents in Qatar,” he said.




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