Oil prices climbed by 0.23%-0.29%
As of 30 June 2022, 08:50 (UTC+3), Brent Crude futures for September settlement were trading 0.29% higher at $112.78 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for August delivery rose by 0.23% to $110.03 a barrel.
Crude oil futures are rising amid heightening geopolitical tension. The exchange market also responds to the EU-Iran nuclear talks ending without progress and to Libya's suspension of oil shipments from its key ports.