INSUBCONTINENT EXCLUSIVE:
Oil prices climbed on February 10, 2025, driven by escalating geopolitical risks in the Middle East and economic uncertainty stemming from
new United States trade policies.Brent crude, the global benchmark, rose 1.6% to $75.87 per barrel
Meanwhile, United States -based West Texas Intermediate (WTI) gained 1.85%, closing at $72.32 per barrel.These increases reflect a market
violations by Israel emerged.Meanwhile, threats from Hamas to delay hostage releases raised fears of renewed conflict
This development added a risk premium to oil prices, as traders weighed the potential for disruptions in the Middle East, a region critical
markets.Oil Prices Rise as Geopolitical Tensions and United States Tariffs Shake Markets
(Photo Internet reproduction)While these tariffs could boost United States industrial activity and energy demand, they also sparked fears
crude inventories, which increased by 3.5 million barrels last week, speculative buying supported prices throughout the session
Technical resistance capped gains late in the day, but trading volumes remained robust as investors positioned themselves amid growing
uncertainty.This story underscores how geopolitical tensions and economic policies can impact oil markets
These factors shape trends that investors and policymakers cannot afford to ignore.
