Oil Prices Rise as Tight US Presidential Election and Tropical Storm Loom Over Global Markets
As the world closely watches a heated U.S. presidential election, oil markets are also feeling the impact. Crude prices edged higher amid a combination of election-driven uncertainty and a looming tropical storm in the Gulf of Mexico that threatens production. West Texas Intermediate (WTI) crude rose by 0.7%, settling close to $72 a barrel after…
