Attacks between the United States and Iran in the Strait of Hormuz have resumed after a month of truce. Brent oil has surpassed $90 per barrel following these incidents.
The United States has carried out attacks on Larek Island, located in the Strait of Hormuz, resulting in the deaths of at least two people and several injuries. In response, the Islamic Revolutionary Guard Corps of Iran has attacked US fighters at air bases in Jordan, according to expansion.com.
The price of Brent oil has increased by nearly 3%, reaching over $90 per barrel, while West Texas Intermediate (WTI) crude has risen by 2.6%, surpassing $85 per barrel. These fluctuations in oil prices are a direct consequence of the recent conflicts in the region.
The United States Central Command (CENTCOM) has described its actions as a
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