Crude Oil Rises 3% On Supply Disruptions In Libya & Escalating Tensions In The Red Sea | CNBC TV18

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Crude Oil Rises 3% On Supply Disruptions In Libya & Escalating Tensions In The Red Sea | CNBC TV18


Oil rose for a second day following supply disruptions in Libya, while another attack on a container ship in the Red Sea and blasts in Iran increased tensions in the Middle East.

West Texas Intermediate climbed to around $73 a barrel after jumping by more than 3% on Wednesday, when Brent crude closed above $78. Protesters in Libya halted…

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