Oil prices rose by more than 1% on fears of possible disruptions to supplies from the Middle East, fueled by geopolitical tensions
Liviu Brăteanu
Economy
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On Wednesday, oil prices rose sharply, with Brent reaching $66.25 a barrel and US crude at $62.92 a barrel. The rise was triggered by fears of a possible Israeli attack on Iranian nuclear facilities, which could disrupt oil supplies, given that Iran is a major producer in OPEC. There is also a risk that Iran could retaliate by blocking the Strait of Hormuz, affecting oil exports from the region.
Sources
Tensiunile dintre Israel și Iran duc la creșterea prețului petrolului cu peste 1%
Petrolul se scumpește brusc pe fondul pericolului unui atac al Israelului asupra instalațiilor nucleare din Iran
Prețul petrolului crește cu peste 1% în contextul unui posibil atac israelian asupra Iranului
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