Oil hits five-month high amid Middle East tension fears

Global oil prices jumped nearly 4% to a five-month high as fears grew over potential supply disruptions if the US moves toward military action against Iran. Brent crude rose to $70.90 per barrel, while WTI climbed to $65.56, driven by escalating geopolitical tensions and rising unrest inside Iran, keeping global energy markets on edge.

Read More: https://epaper.brecorder.com/2026/01/30/1-page/1086575-news.html

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