Oil Shortage

Oil Rates Climb $2 Amid The Ongoing Conflict In West Asia

Oil Rates Climb $2 Amid The Ongoing Conflict In West Asia

Recently, the war between Israel and Palestine has disrupted the international supply chain. The most affected trade is the oil trade, which has been uncertain since the war started. To add to the trade disruption, oil prices rose $2 per barrel on Tuesday to $78.12. The reason for this is the ongoing war and the…