The WTI Crude Oil Prices on the NYMEX has increased by 0.56%, reaching $75.84 per barrel.

This rise follows heightened geopolitical tensions in the Middle East due to the reported assassination of Hamas leader Ismail Haniyeh, causing concerns over potential supply disruptions.

Read more: Hamas Leader Ismail Haniyeh Reportedly Killed In An Israeli Attack In Tehran

Meanwhile, Brent Crude Oil Prices on the ICE in London is up by 0.31%, reaching $79.65 per barrel.

A barrel of oil equals 159.98 liters. The NYMEX, a major U.S. futures market established in 1882, leads in oil futures trading, with its NYMEX Division handling energy commodities and the COMEX Division focusing on metals.

The ICE, based in London and founded in 1982, is a prominent global exchange operator.