Business

Crude oil prices plunge over 6% after Iran’s missile attack on US base in Qatar

Published by
Web Desk

ISLAMABAD: The price of crude oil in the global market has fallen by more than 6 percent after Iran attacked a US military base in Qatar.

US crude oil WTI is selling for $69.17 per barrel after a decrease of $3.32 per barrel.

British crude oil Brent oil is selling for $72.17 per barrel after a decrease of $6.28 per barrel.

It should be noted that Iran has fired ballistic missiles at US bases in Qatar and Iraq.

According to the US news website, Iran fired 6 ballistic missiles towards Qatar.

The Qatari Foreign Ministry said in its statement that Qatar had evacuated the US Al-Udeid military base as a precautionary security measure. Qatar claimed that its air defense system had destroyed a missile fired towards the US Al-Udeid air base.

Qatar condemned the Iranian missile attack on a US military base and said that Qatar reserves the right to respond to the attack. Qatar further stated that no casualties were reported in the Iranian missile attack on the US base.

Web Desk

Recent Posts

Pakistan suffer 14th consecutive defeat in FIH Pro Hockey League

LONDON: Pakistan's disappointing run in the FIH Pro Hockey League continued as the national team…

57 minutes ago

FIFA World Cup 2026: Which teams are already out?

NEW YORK: After the first two rounds of the group stage of the FIFA World…

2 hours ago

Deputy Commander-in-Chief of Libyan armed forces meets Field Marshal Asim Munir

ISLAMABAD: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Deputy Commander-in-Chief of…

2 hours ago

Iqrar Ul Hassan Family Celebration Sparks Debate On Social Media

Pakistani television host and investigative journalist Iqrar Ul Hassan has once again become a trending…

3 hours ago

Samantha Ruth Prabhu Pregnancy Rumors Spark Buzz Among Fans

Popular South Indian actress Samantha Ruth Prabhu is once again making headlines, but this time…

4 hours ago

Date to obtain BISP mobile SIM extended by June 30

KARACHI: An important alert has been issued for the deserving women of the Benazir Income…

4 hours ago