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International oil prices surge short-term, reports say Saudi Arabia's RAS TANURA refinery was shut down after a drone attack.
On March 2nd, international oil prices surged briefly, with WTI crude oil rising by 9% intraday to $73.07 per barrel; Brent crude oil increased by over 9%, reaching $79.55 per barrel.
Reports indicate that the Ras Tanura refinery in Saudi Arabia was shut down after a drone attack. Additionally, according to Xinhua News Agency, Al Jazeera TV on the 2nd cited Iranian military sources reporting that three British and American oil tankers were attacked in the Persian Gulf and the Strait of Hormuz.
More updates to follow…
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The market carries risks; investment should be cautious. This article does not constitute personal investment advice and does not consider individual users’ specific investment goals, financial situations, or needs. Users should consider whether any opinions, views, or conclusions in this article are suitable for their particular circumstances. Investment is at your own risk.