WTI Crude Steady Near $77.50 as Middle East Tensions Flare

West Texas Intermediate crude traded around $77.50 per barrel during Asian hours, holding onto the previous day’s modest advance. The market was underpinned by rising tensions in the Middle East, which heightened concerns about the safety of key oil transit routes.

A potential escalation could disrupt supplies, keeping prices supported near the $77.50 level. Benchmark prices remain sensitive to geopolitical developments in the region.