Due to the tension in the Middle East, the prices of crude oil increased further in the global market.
With prices rising, investors have also become concerned about supply. Crude oil supplies are already affected as poor weather conditions have partially affected oil production in the Gulf of Mexico.
The price of Brent oil has increased by 51 cents, which has reached the level of 75 dollars per barrel.
Crude oil prices have increased by 4 percent compared to last week, due to further tensions in the Middle East, crude oil prices are expected to increase, and the interest rate cut in the United States has also affected crude oil prices.