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Home World 03/April/2026 09:49 AM

Oil prices surge amid Middle East supply concerns

WASHINGTON, April 3, 2026 (WAFA) – Oil prices recorded a sharp rise at settlement on Friday amid growing concerns over supply disruptions linked to the ongoing war in the Middle East.

Futures for Brent Crude climbed by $7.87, or 7.78 percent, to settle at $109.03 per barrel.

Meanwhile, U.S. West Texas Intermediate crude futures surged by $11.42, or 11.41 percent, reaching $111.54 per barrel.

M.N

 

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