🇺🇸🇮🇷 Brent crude oil has climbed to $113.66 per barrel, approaching a 5-month high as fears grow over another round of U.S.-Israeli strikes against Iran.
Oil briefly reached $114.65 earlier today, with prices now up nearly 87% since the beginning of the year.
The latest increase comes as Washington and Israel reportedly prepare for a renewed military offensive against Iran.
Possible targets include Iranian nuclear facilities, missile production sites, and energy infrastructure, though no final decision has been confirmed.
Meanwhile, renewed attacks on commercial shipping in the Strait of Hormuz and threats against Gulf energy facilities are adding pressure to oil markets.
With Brent already above $113, another major escalation could send prices sharply higher, with the crisis now already contributing to disorder in Europe and extreme fuel shortages in parts of Asia.
Source: Trading View / Writer: Mhedi
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THE EAGLE STATESMAN🇺🇲 @EAGLESTATESMAN ·
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@MarioNawfal This is exactly why we need to drill here at home. Energy independence is national security.







































