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    Home » Oil Prices Surge Following Assassination Of Hamas Leader Ismail Haniyeh
    1 Min ReadJuly 31, 2024

    Oil Prices Surge Following Assassination Of Hamas Leader Ismail Haniyeh

    By Festus AdeloyeJuly 31, 2024No Comments1 Min Read
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    Oil prices have risen in the global market following the killing of Hamas political leader, Ismail Haniyeh in Iran, today.

    The prices were relatively low at below $80 per barrel in the past seven weeks but suddenly shot up after he was reported dead.

    The prices of Brent and WTI currently stand at $80.79 and $77.29 per barrel, respectively, in the international market.

    A senior Hamas official told Reuters “This assassination by the Israeli occupation of Brother Haniyeh is a grave escalation that aims to break the will of Hamas“ thus raising fears that it could culminate in crisis, capable of affecting oil production and export in the Middle East.

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    • Festus Adeloye
      Festus Adeloye

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    Iran Ismail Haniyeh
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