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Source: الاقتصادية
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Expectations that crude oil will record its biggest weekly gains since April, due to escalating tensions between the United States and Iran, which have caused disruptions in Middle Eastern supplies. The rise in Brent crude prices to above $85, and West Texas Intermediate to around $80 per barrel, reflects the resumption of U.S. strikes on Iranian targets and ongoing fears of traffic disruptions in the Strait of Hormuz—one of the world's most critical oil passages—leading to a decline in Russian exports and a market shortage in the United States and Europe. The crisis has impacted the profit margins of American refineries, which have reached record levels amid rising security tensions and tightening global fuel markets.
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