Business

Oil Prices Rise After the ‘Incident’ of Oman Gulf

Monali Gupta

Following an antitrust reaction to an incident involving two oil tankers in Oman Bay, oil prices rose by up to three percent on Thursday. In some reports, this incident has been described as "assault", while in some it has been called 'Accident'.

In the news media in the media of Iran, it has been said that a tanker had a fire after an 'accident'. After this the country's navy saved 44 members of the tanker's crew.

20123627 – oil production into the sea from above.

However, the fifth fleet of the U.S. Navy has said that two calls came after 'the alleged attack on tankers' in the Gulf. An organization headed towards Britain's Royal Navy called it an 'event'.

Brent North Sea crude oil reached $ 62.64 a barrel in the initial trade in London. After this, it came at a level of 61.41 dollars a barrel, which shows an increase of $ 1.44 compared to Wednesday. Crude prices have been falling for some time now.

Meanwhile, the UK government said that he was concerned about the incident in Oman. This whole issue is under investigation. It is not known what caused this incident.

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