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Crude prices surge to $116.72 per barrel amid West Asia tensions
Published: 24/10/26 15:36
New Delhi | India
New Delhi, Oct 24 (UNI) Oil prices surged on Friday, pushing Brent crude to its highest settlement in nearly six months as Houthi attacks in Saudi Arabia and a reported oil spill in the UAE fuelled concerns over potential supply disruptions in the West Asia. Brent crude futures climbed $3.55, or 3.14%, to settle at $116.72 a barrel, their highest close since April 29. US West Texas Intermediate crude rose $3.80, or 3.8%, to finish at $103.27 a barrel. Brent advanced 6% over the week, outpacing WTI's 2.3% gain as traders weighed mounting regional risks to energy supplies. The attacks…