International oil prices have risen by over 1 percent due to rising tensions between Pakistan and India in the past 24 hours.
Brent crude rose by nearly one percent to $62.52 per barrel on Tuesday, while WTI settled at $59.54.
Natural gas prices also climbed by almost 2 percent to hit $3.55 per MMBTU.
The price uptick follows increased military activity and intensified rhetoric between the two countries, raising concerns over potential disruptions in regional supply chains. While no direct threat to oil production or transport routes has emerged, investor sentiment has shifted.
Before India attacked Pakistan, energy prices had been trending downward due to oversupply and weak demand from major economies. The sudden geopolitical flare-up has temporarily altered market dynamics. Media analysts expect international crude to rise even further if tensions worsen.