On Saturday, global oil prices experienced a significant increase as tensions escalated in the Middle East. Iran's missile attacks targeted multiple US military bases, raising alarms about potential disruptions to energy supplies.
The surge in Brent crude prices reflects the market's reaction to these geopolitical developments, with analysts predicting that prices could reach $100 if tensions continue.
This situation underscores the fragility of global energy markets, particularly in light of ongoing conflicts that threaten supply stability.