Global Oil Prices Climb Amid Worsening Shipping Disruptions

Global oil prices saw a rise today, Friday, with Brent crude exceeding $109 per barrel for the first time since May 21, according to trading data. The data indicated that Brent crude futures for November delivery reached $109.12 per barrel at 00:33 Moscow time on Friday. This surge coincides with escalating attacks on key shipping routes in the Middle East, fueling concerns of prolonged supply disruptions.