Brent Crude Rises Amid Middle East Tensions

Brent crude oil has risen, exceeding $82 a barrel, due to escalating tensions in the Middle East and fears of supply disruptions. The US-Israel conflict with Iran and threats to navigation in the Strait of Hormuz are fueling concerns.

US President Donald Trump stated that Washington will do 'whatever it takes' regarding the war with Iran. Additionally, it was reported that the US is preparing a significant escalation of attacks against Iranian targets.

On the Iranian side, a high-ranking official warned that ships crossing the Strait of Hormuz may be targeted. Tanker transits have been virtually frozen due to increased security risks.

Saudi Aramco temporarily suspended operations at the Ras Tanura refinery after a drone strike, intensifying concerns about supply disruptions.