Oil trading volumes surge past $1.4 billion amid rising geopolitical tensions and volatile energy markets, highlighting increased investor activity.
Geopolitical instability is fueling expectations for higher crude oil prices as investors seek safe havens and anticipate supply disruptions.
Crude oil hits 2ยฝ-year high above $61 as Iran unrest stokes supply fears, but analysts warn the rally may be overdone with no direct threat to exports.