Global oil prices inched higher on Monday as tensions in Europe and the Middle East raised concerns over supply risks. Airspace disputes in eastern Europe and fallout from Palestinian state recognitions in the Middle East added to investor caution. Key Price Moves Brent crude rose by US$0.34 to

Oil prices inched higher after Ukrainian drone attacks on Russian energy facilities sparked supply concerns. Brent crude was trading near $67.76 per barrel, while U.S. West Texas Intermediate (WTI) reached about $63.73. Damage to Russian Facilities The strikes targeted major infrastructure, including a reactor at a Russian nuclear plant, the Ust-Luga fuel export terminal,