Oil prices climb for a second session as risks to key export routes heighten supply concerns globally.
West Texas Intermediate crude futures rose above $84.50 per barrel, trading near $84.60 in Asian hours. The gain marks a second consecutive session of increases amid escalating supply risks across major export hubs.
Prices extended gains from the prior session, driven by disruptions in critical oil transit routes. No specific consensus forecast was provided, but market participants monitor supply chain vulnerabilities closely.
The move reflects broader market unease over potential shortages, though immediate trading reactions remain limited to price action.