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الاقتصادية - CNN

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Oil Prices Rise by Over 4%, Indicating Market Volatility

Oil Prices Rise by Over 4%, Indicating Market Volatility

Global oil prices surged by more than 4% during Monday morning trading, due to fears of an escalation in the military conflict in the Strait of Hormuz, a vital passage that accounts for about 20% of the world's oil. The rise followed American strikes on Iranian targets. West Texas Intermediate crude reached $74.40 per barrel, while Brent crude rose to $79.30. Goldman Sachs issued warnings about increased risks related to geopolitical tensions and their impact on energy markets. The bank预计 suggests an increase in the volume of alternative pipelines that could facilitate bypassing the Strait, but also noted that this may exert downward pressure on oil prices in the long term.

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