Doha: Oil prices were on track for weekly gains as uncertainty in the market over global supply and escalating geopolitical tensions continued. Brent crude futures fell 72 cents, or 0.72%, to $99.97 a barrel but remained on course for a weekly gain of 13.5%. US West Texas Intermediate (WTI) crude futures also declined, falling 70 cents, or 0.76%, to $91.49 a barrel, while remaining set for a weekly increase of 10.9%. According to Qatar News Agency, on Thursday, Brent settled 7% higher and WTI gained 6.2%, lifting Brent above $100 a barrel for the first time since May. Rising tensions in the Strait of Hormuz and Bab el-Mandeb Strait have heightened concerns over potential disruptions to global oil shipments and supply chains.
Syria: The sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency