Global oil prices have risen amid renewed concerns over supply disruptions and ongoing geopolitical tensions in key producing regions.
Market analysts say uncertainty surrounding production levels, combined with increased global demand, has contributed to the upward price movement.
The development has raised concerns among importing nations over potential impacts on fuel prices and inflation, while oil-exporting countries stand to benefit from higher revenues.
Energy experts note that markets remain sensitive to geopolitical developments and policy decisions affecting global supply chains.
