Brent crude price surges over 90 USD a barrel amid Mideast tensions


LONDON, March 6 (Xinhua) -- Brent crude oil, the international benchmark, topped 90 U.S. dollars per barrel during Friday's session, the first time since April 2024, trading data showed.

Affected by the tensions in the Middle East, Brent oil price rose to around 91 dollars per barrel by 3 p.m. local time (1500 GMT), surging around 7 percent from the previous trading day.

U.S. President Donald Trump said on Friday the United States will accept no agreement with Iran short of "unconditional surrender," one day after Iran's Foreign Minister Seyed Abbas Araghchi said Iran is not requesting a ceasefire and does not see any reason to negotiate with Washington.

Qatar's energy minister has said that oil prices would hit 150 dollars per barrel without a quick end to the conflict, according to a report by the Financial Times.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Iran not going to close Strait of Hormuz, Iran UN envoy says
Polish president vetoes EU defence loan bill
Colombia's Petro, Trump spoke on phone, Trump said Petro welcome in U.S
UN mission says Venezuela's repressive apparatus persists after Maduro ouster
Canada, Mexico say trilateral deal is key ahead of talks to review USMCA
U.S. stocks close lower
Synagogue attacked in U.S. state of Michigan, suspect killed
US Navy could escort vessels in Strait of Hormuz with international coalition, Bessent says
Crude futures settle higher
IAEA director discusses non-proliferation with head of Russia's Rosatom

Others Also Read