Oil prices have sharply increased amid signs of renewed escalation in the Middle East conflict.
According to Oxu.Az, this information was reported by the Interfax agency.
At 09:20 Baku time on London's ICE exchange, Brent crude futures for August delivery rose by $4.23 (4.54%) to $97.32 per barrel. In the previous session, Brent crude had fallen by $1.94 (2.04%) to $93.09 per barrel.
On the New York Mercantile Exchange (NYMEX), WTI crude oil futures for July delivery increased by $3.94 (4.35%) to $94.48 per barrel. In the previous session, WTI crude had dropped by $2.50 (2.69%) to $90.54 per barrel.
