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Oil prices are rising

Geopolitical tensions support gains

On Wednesday, September 10, 2025, global oil prices saw an increase in energy markets, amid a mix of geopolitical and economic factors. The gains were driven by escalating tensions in the Middle East, following an Israeli attack targeting Hamas leaders in Qatar, which brought back to the forefront the supply-related risks.

 On the other hand, American calls for imposing tariffs on Russian oil imports have added momentum to prices, while awaiting the reactions of European and Asian markets.

Despite this, concerns remain about the surplus in supply, which may limit the continuation of the increase, especially with the slowdown of some major economies.

Analysts believe that the market is currently attempting to balance between the geopolitical risks that support prices and the abundance of supply that exerts pressure on them.

- Source: Reuters.

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