The price of the benchmark Brent crude oil has surpassed $110 per barrel due to the sharp escalation of the situation in the Persian Gulf. The rise in quotes was triggered by reports of strikes on Iranian infrastructure and the beginning of personnel evacuation from the largest energy facilities in the region.
A sharp spike in prices occurred after reports of attacks on oil and strategic facilities in Iran, raising concerns about the stability of global energy supplies. In response to the growing threat, countries in the Persian Gulf have begun implementing emergency security measures.
In particular, according to sources, Saudi Aramco has started evacuating employees from the SAMREF oil refinery. The decision to evacuate personnel was made after receiving warnings from official Tehran. Market participants are closely monitoring the conflict's developments, fearing further disruptions in the extraction and transportation of raw materials in this key region.
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