newsweek.ro/economie/soc-piete-energetice-petrol-p

Oil prices are rising towards a fourth consecutive month due to escalating tensions following a recent attack in the Strait of Hormuz. Brent crude surpassed $117 per barrel, driven by fears of conflict between the U.S. and Iran. A recent attack on a tanker in the region has heightened concerns, marking the first successful use of magnetic mines since the U.S.-Iran conflict began. Analysts predict potential disruptions in oil supply as U.S. elections approach, with ongoing diplomatic efforts to ease tensions. Despite these initiatives, the risk of military escalation remains high, impacting market stability and leading to increased volatility in oil prices.