On May 21, world oil prices have risen against the background of the threat of escalation of the conflict in the Middle East, which can complicate the supply of oil not only from Iran but also from a large part of the region.
On the ICE Futures London Exchange, July futures for Brent rose by 1.61%, or by $ 1.05, up to $ 66.43 per barrel. On the eve of Brent, it fell $ 0.16 to $ 65.38 a barrel.
On the New York Commodity Exchange, NYMEX Futures for WTI varied by 1.72%, or by $ 1.07, up to $ 63.1 per barrel. The previous session ended at $ 62.03.
Earlier, CNN reported with reference to US officials that US intelligence had received information about the possible preparation of Israel's impact on Iran's nuclear facilities.
In response, Iran can take measures, in particular, to block the movement of oil tankers through the Strait of the Persian Gulf. This strategic route is exported by oil and fuel Saudi Arabia, Kuwait, Iraq and the United Arab Emirates.
The threat of blocking the Strait of the Strait can significantly affect the world's oil supply and lead to further rises in prices.
