Oil prices exceed $88 a barrel

Economy

25-01-2022, 23:50

+A -A

Baghdad-INA

Oil prices rose more than 2%, when they settled on Tuesday, amid fears of a possible tightening of supplies due to Ukrainian-Russian tensions, the situation in the region, and the difficulties of OPEC + overcoming the challenges of increasing production targets.

Analysts noted that oil prices rose despite the decline in stock markets, and the possibility that the US Federal Reserve will raise interest rates on Wednesday.

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