AdvtJoin the community of 2M+ industry professionals. All about ETEnergyworld industry right on your smartphone! Download the ETEnergyworld App and get the Realtime updates and Save your favourite articles. US West Texas Intermediate crude was up $3.87, or 5.77 per cent, at $70.89, having risen more than 12 per cent to $75.33, its highest since June. "While we do not know where these disruptions will end or how the conflict will ultimately resolve, the near-term result is likely to be heightened volatility in global energy markets and a potential rerouting of global oil and gas cargoes," said Kenny Zhu, research analyst at Global X.

Source: Economic Times March 03, 2026 11:28 UTC