U.S. crude jumps 3% on Libya halt, tensionsAugust 26, 2024 U.S. crude oil prices increased by 3% due to a production stop in Libya and ongoing Middle East tensions.
Rising geopolitical tensions could push oil prices to $90 a barrelJuly 2, 2024 The ongoing geopolitical tensions between Israel and Hezbollah, with potential Iranian involvement, could drive oil prices to $90 per barrel.