Oil prices have risen due to growing concerns over disruptions in Middle East supplies and threats to shipping routes. Recent attacks on vessels and infrastructure have heightened worries among traders and analysts.
While Brent crude futures climbed to $110.10, WTI crude also saw an increase following previous declines. US officials are working with refiners to address rising fuel prices and shortages.
This story was reported by The Times of India. Read the full coverage at The Times of India.
