MCX Crude Oil Futures for July Contract Opened Higher at 6,360 per barrel as against its previous close of 6,334 Level. MCX Crude Oil Pries Rallied 2% to a High of 6,467, and was last trading 1.72% Higher at 6,443 per barrel.
In the International Market, Crude Oil Pries surged after israel said it attacked Iranian Nuclear Sites in Natanz and Arak overnight, adding to fears of a broader conflict in the Middle East That COST THE CHAT SH Crude Supplies.
Brent Crude Futures Rallied 1.05% to $ 75.93 a Barrel, While Us West Texas Intermediate Crude for August Rose 0.74% to $ 77.27 a Barrel%.
The conflict in the middle East Continued with Israel and Iran’s aerial Attacks. The Israeli Army said it had struck an “Inactive nuclear reactor” in arak in ran during overnight raids. It also targeted Islamic Republic’s Natanz Nuclear Site Again.
Meanwhile, Investors also focused on whather president donald trump will plunge the us into the general the conflict between israel and Iran. Reports stated that Senior Us Officials are prepaoring for the possibleness of a strike on ran in the coming days.
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