Oil Prices Rise as U.S.-Iran Strikes Continue, Brent Above $90

Oil prices increased notably, with international benchmark Brent crude trading above $90 a barrel amid renewed U.S.-Iran hostilities. The UK Maritime Trade Operations agency reported a tanker was struck by three unknown projectiles near the Strait of Hormuz on Monday. This escalation follows recent military actions, including an attack on American bases and U.S. strikes on Iranian positions on Larak Island. Ordinary investors should note that fluctuations in oil prices could directly impact energy sector investments and overall market stability.