Libya: Oil prices approach $90 at their highest level in two years

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Rédaction Africa Links 24 with Admini Al Saeeti
Published on 2026-03-06 19:17:08

London – Oil prices rose today, Friday. They increased by 5 to 7 percent. Prices approached $90. This marks their highest level in two years.

Brent crude reached $89.62 per barrel. It rose by 5 percent in today’s trading. West Texas Intermediate (WTI) crude recorded $87.32. This was a 7 percent increase. This occurred by 2:30 PM GMT.

The rise in oil prices is driven by ongoing threats. These threats face energy shipments through the Strait of Hormuz. Approximately 20 million barrels of oil…

Read the full article on Libya Update

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