Oil prices have climbed back above $90 per barrel, driven by rising tensions in the Middle East. The situation escalated as Iran launched attacks on tankers in the region.
In response to these provocations, the United States has carried out a series of military strikes, leading to an increase in American casualties. This has raised concerns about the potential for further conflict.
Market analysts are closely monitoring the situation, as continued instability in the region could lead to sustained high oil prices and impact global markets.