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Oil Extends Rally on Heightened Middle East TensionsSingapore, 4 Mar (ONA) – Oil prices extended gains today amid escalating tensions in the Middle East. Brent crude futures rose $2.67, or 3.3%, to $84.07 a barrel, after reaching their highest level since January 2025 in the previous session. US West Texas Intermediate (WTI) crude climbed $2.24, or 3%, to $76.80 a barrel, after settling at its highest level since June 2025. Both benchmarks have gained about 5% or more over the past two sessions amid mounting geopolitical risks and fears of supply disruptions from the region.—Ends/AG
