LONDON: Crude oil prices rose for a fourth consecutive session amid escalating tensions between the United States and Iran.
According to international media, Brent crude futures rose 1.6% to $99.49 per barrel, approaching the $100 mark.
US West Texas Intermediate (WTI) crude also gained 1.72% to $94.63 per barrel.
The latest rise followed reported US attacks on Iranian tankers and subsequent Iranian strikes on US military facilities in the Gulf.
Brent crude has risen by approximately 25% since the beginning of August, reflecting growing concerns over regional tensions and potential disruptions to global oil supplies.
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