Brent crude futures for November delivery rose 0.8% to $96.28 a barrel in London

noticiasaominuto.com (Portuguese)

Brent crude oil futures for November delivery rose 0.80% on London's Intercontinental Exchange, closing at $96.28 per barrel on Friday. The North Sea benchmark gained 76 cents from Thursday's close of $95.52. Prices have climbed 7.80% since last week's sub-$90 level, driven by escalating US-Iranian hostilities and investor concerns over potential Middle East energy supply disruptions. US Vice President JD Vance downplayed the conflict, citing no current exchange of fire. The six-month war has already closed the strategic Strait of Hormuz, which handled 20% of global crude flow, pushing prices near $120 at one point.


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Brent crude futures for November delivery rose 0.8% to $96.28 a barrel in London | News Minimalist