With the uncertainty caused by the United States' strike against Iran, oil prices have risen by 2%.

As tensions between the United States and Iran reignite, uncertainty surrounding potential peace agreements and the reopening of the Strait of Hormuz has intensified, leading to a more than 2% increase in oil prices. The US targeted locations in southern Iran, which US military officials described as defensive strikes - indicating that the fragile ceasefire agreement between Washington and Tehran may be under pressure. Brent crude oil rose 2% to $95.24 per barrel, while West Texas Intermediate crude futures rose 2.1% to $91.77 per barrel. These benchmark crude prices saw a significant drop in the previous trading day as signs of both parties getting close to reaching an agreement were evident.