Iran's attacks caused tension in oil markets: Brent exceeded 98 dollars
Iran's attacks carried out last night caused serious disruptions in global oil markets. Under the influence of these events, international oil prices showed a rapid increase. In particular, the value of a barrel of "Brent" crude oil exceeded the 98 dollar level, being recorded as one of the highest indicators of recent times.
According to well-known sources such as "Vedomosti" and "Interfax", the tense situation in the region is one of the main factors causing the rise in energy carrier prices. This price increase observed in oil markets increases concern among investors and raises questions about the stability of future supply chains.
Against the backdrop of attacks on energy facilities in the Middle East, the Russian market also shows an upward trend parallel to the increase in oil prices. This situation is a clear example of the impact of regional conflicts on the global economy and may lead to similar reactions in the markets of other countries.
Analysts issue serious warnings, especially regarding the possibility of a complete blockade of the Strait of Hormuz. As noted by "Nastoyashcheye Vremya", if such a scenario materializes, the price of oil could rise to 150 dollars per barrel. This situation promises great difficulties for the world economy and could lead to a further acceleration of global inflation.
Such an increase in oil prices could benefit some countries and energy companies. However, overall, for consumers worldwide and oil-importing countries, this situation will lead to rising inflation, a slowdown in economic development, and increased concerns about energy security.
The current situation once again highlights the significant factors of events that occurred in the oil and gas market on March 12, 2026. Energy security and geopolitical risks continue to remain key topics on the global economic agenda and are at the center of international public attention.