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وكالة صدى نيوز
Oil prices climb amid Strait of Hormuz tensions
Oil prices rose on Thursday due to escalating attacks on shipping in the Gulf and the Strait of Hormuz, amid ongoing tensions between the United States and Iran. Brent crude futures increased by $1.33 to $101.53 per barrel, while U.S. West Texas Intermediate rose by $1.11 to $89.39. These growing attacks threaten global energy supplies, especially as the conflict in the Middle East intensifies and threats against shipments in the strait—through which approximately 20% of the world's oil passes—heighten. The price increase followed a decline on Wednesday after the International Energy Agency announced an accelerated drawdown of reserves, and American data showed a 3.2 million barrel decrease in inventories, reflecting ongoing risks to oil supplies in the region.
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