Global crude oil prices have risen again following the outbreak of renewed military hostilities between the United States and Iran.
Accordingly, the price of WTI crude oil has increased by 2.57% to USD 85.54 per barrel, while Brent crude has risen by 2.84% to USD 90.60 per barrel.
Meanwhile, the price of Murban crude oil has also climbed to USD 95.75 per barrel, marking an increase of 4.04%.
The latest price increases come amid heightened concerns over potential disruptions to global oil supplies following the renewed conflict.
