Oil Nears 3-Digit Level 🔹Following tensions in the Strait of Hormuz and Bab-el-Mandeb, Brent crude reached its highest level in the past six weeks, exceeding $96 per barrel. 🔹At the same time, U.S. oil reserves fell to less than 311 million barrels, the lowest level in half a century according to last week's statistics.
Translated regional report
Oil Nears 3-Digit Level
Automated translation and editorial curation by Middle East CatchSite publication
Original report: Fars News AgencyOriginal publication Editorial policy
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