Oil prices are holding steady near a three-week high due to escalating tensions in the Middle East and strong demand from China. The global oil market is closely monitoring the situation as geopolitical risks continue to impact prices.
The recent attacks on oil facilities in Saudi Arabia have raised concerns about supply disruptions in the region, leading to a spike in oil prices. The ongoing conflict in the Middle East has heightened uncertainty in the market, with investors closely watching for any developments that could further impact oil production and distribution.
