May 2, 2026
Crude oil nears $120 per barrel amidst escalating Middle East tensions

Global crude oil prices are edging close to the $120 per barrel mark as renewed tensions in the Middle East disrupt supply expectations and rattle energy markets, raising fresh concerns for fuel prices. Benchmark crude, including Brent crude, has surged sharply in recent days amid fears of supply constraints linked to geopolitical instability in the [……
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