Brent: Brent crude oil prices surpassed $108 per barrel on Thursday.

According to National Iraqi News Agency, media outlets reported that Brent crude rose by approximately 7%, exceeding $108 per barrel for the first time since mid-May. The price increase comes amid continued disruption to shipping in the Middle East, particularly in the Red Sea and the Gulf, coinciding with an increase in attacks targeting oil tankers and energy-related facilities. These developments have raised concerns about a wider supply disruption.