The escalation of the conflict between the United States and Iran has had an immediate effect on international energy markets, leading to an increase in oil prices.
Brent crude rose about 1.5%, trading at $99.35 a barrel, while US West Texas Intermediate (WTI) crude rose 1.3%, reaching $94.23 a barrel.
The price increase comes after the escalation of military clashes between the US and Iran, particularly after attacks on Iranian oil tankers and tensions in the Gulf of Oman and the Strait of Hormuz.
Markets are particularly sensitive to developments in this area, as the Strait of Hormuz is one of the most important routes for global oil transport. Any disruption to tanker traffic in this corridor could put further pressure on international supply and prices.
The situation has also been worsened by attacks by the Houthi movement on energy facilities in Saudi Arabia, adding to concerns about the security of oil infrastructure in the region.
Markets are already carefully monitoring any new developments between Washington and Tehran, while a further escalation of the conflict could bring new increases in oil prices.
