The increase in the price of oil due to the concern about the spread of the conflict in the Middle East

According to Webangah News quoted by Mehr News Agency, according to Reuters news agency, the energy market reacted on the first working day of the week to the concerns about the possible escalation of tensions between the Zionist regime and the Hezbollah movement and the spread of the war to Lebanon.

Accordingly, North Sea Brent oil increased by 20 cents to $81 and 33 Cents per barrel were traded. The price of West Texas Intermediate oil also increased by 9 cents to 77 dollars and 25 cents in Each barrel arrived.

The decision of the Zionist government cabinet to attack Hezbollah positions inside Lebanon has now made the energy market extremely worried about the spread of the conflict to other regions of the Middle East.

Analysts say that the involvement of other regional players, especially major oil producing players, in this conflict can cause the energy market to face a supply shortage.

Last week, hopes for the resumption of peace talks between the Zionist regime and the Hamas movement and the end of the Gaza war helped to calm the energy market, but now the market is expected to rise in the coming days. witness a lot of inflammation due to the escalation of tensions in the Middle East.