44 Days
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وكالة موازين نيوز
Oil prices increase 2% to highest level in a month
The surge in oil prices to their highest level in a month is attributed to the United States reimposing a naval blockade on Iran and escalating tensions in the Strait of Hormuz, which has increased uncertainty regarding energy flows. Brent crude rose by 1.72% to reach $84.73 per barrel, while U.S. West Texas Intermediate increased by 1.92% to $79.64 per barrel, recording their largest single-day gains since May 2020.
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