DUBAI (Lord Media): Oil prices have increased for the fourth consecutive day due to concerns over disruptions in energy supply through the Strait of Hormuz following recent U.S. attacks in Iran. Brent crude oil prices rose by 0.4% to 85.28 U.S. dollars per barrel, while WTI prices increased by 0.5% to 80.02 U.S. dollars per barrel.
Experts suggest that if oil exports from Gulf countries remain restricted, Brent crude prices could surpass 110 U.S. dollars per barrel. Brent prices have reached a one-month high of 78.68 U.S. dollars per barrel.
