Kuwait city: The price of Kuwaiti crude oil rose by $1.62 to reach $80.32 per barrel in trading on Tuesday, compared to $78.70 per barrel on Monday.

According to Qatar News Agency, the Kuwait Petroleum Corporation (KPC) reported this increase in oil prices. In global markets, Brent crude futures experienced a rise of $3.66, reaching $81.40 per barrel. Similarly, West Texas Intermediate (WTI) crude saw an increase of $3.33, bringing its price to $74.56 per barrel.