Business

Oil Rises Amid Middle East Tensions

Oil prices increased on Thursday as concerns over a potential escalation of the Middle East conflict, which could disrupt crude oil flows from the vital exporting region.

Brent crude futures rose by 94 cents, or 1.27%, to $74.84 a barrel,

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Gold Prices Fall After Dollar Rise

Gold prices eased on Wednesday as the dollar held firm, while investors looked for more US economic data for further cues on upcoming rate cuts by the Federal Reserve.

Spot gold was down 0.5 percent at USD 2,649.17 per ounce.

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