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Oil prices rose by more than one dollar per barrel following an American attack on Iran's Larak Island in the Strait of Hormuz. This was the first U.S. strike on Iran since late July, prompting an Iranian response. The incident occurs amid ongoing regional tensions that have been escalating for a month. The price of Brent crude increased by 1.23%, reaching $89.18 per barrel, while West Texas Intermediate rose by 1.10%, reaching $84.32. Meanwhile, the number of ships passing through the strait has decreased due to fears of attacks and warnings about an escalation of the conflict in the region.
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