Oil prices have surged due to heightened tensions in the Middle East. This follows the rejection of Iran's peace proposal by U.S. President Trump, which has added to market volatility. Both Brent crude and U.S. West Texas Intermediate have seen price increases. Concerns over diesel exports continue to influence market sentiment. Importers and exporters dealing with oil and related products should monitor these developments closely. For more details, refer to the original publication on the Times of India website.
Read the original article
