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23 June 07:20

Oil prices hit their highest since January, fueled by the escalating conflict between the US and Iran, sparking supply fears.

Raluca Ioana Draghici

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Economy

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Oil prices rose sharply, with Brent hitting $78.93 a barrel and WTI $75.73, amid escalating conflict in the Middle East after the US attacks on Iran. The tensions have sparked fears that Iran could close the Strait of Hormuz, a crucial point for global oil supplies. Goldman Sachs estimates the price of Brent could temporarily reach $110 a barrel in the event of major disruptions. Since the conflict began on June 13, prices have risen 13% for Brent and 10% for WTI.

Sources

Prețul petrolului a crescut la cele mai înalte niveluri din ianuarie încoace, ca urmare a situației din Iran

Prețul petrolului urcă la cel mai ridicat nivel din ultimele cinci luni, pe fondul tensiunilor dintre SUA și Iran

Prețul petrolului crește, dar moderat, după intrarea SUA în război împotriva Iranului

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Oil prices have risen by 5% after the sanctions imposed by the USA against the Russian energy giants, Rosneft and Lukoil, in response to the war in Ukraine.

Economy

Oil prices have risen significantly after the US imposed sanctions on the Russian companies Rosneft and Lukoil due to the war in Ukraine.

Economy

Oil prices fell by approximately 2%, amid American sanctions against Russian companies and the possible increase in OPEC+ production.

Economy

The sanctions imposed on Russia and Iran have led to a record accumulation of oil on ships, preventing the formation of a significant surplus in global markets.

Economy

Fuel prices in Romania could continue to rise due to the possible closure of the Lukoil refinery, which supplies 20% of the market, following the sanctions imposed by the USA. Diesel has exceeded the threshold of 8 lei.

Economy

Fuels could continue to become more expensive in Romania, as a consequence of the sanctions imposed by Donald Trump on the giants Lukoil and Rosneft.

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