Oil prices rise on supply disruption jitters as geopolitical tensions grow
Oil prices climbed on Tuesday, regaining some of the ground lost in the previous day`s sharp losses, on concerns over possible supply disruptions amid rising geopolitical tensions in both Eastern Europe and the Middle East.
Brent crude futures rose 48 cents, or 0.6%, to $86.75 a barrel at 0116 GMT, reversing a 1.8% fall in the previous session. Source: Reuters