🔻Global oil prices continue their upward trend following reports of oil tankers hitting mines in the Strait of Hormuz

🔻Oil prices increased after reports were published about several oil tankers hitting sea mines in the Strait of Hormuz, and continued their upward trend on Friday.

These incidents once again highlighted the risk of disruption to oil supply and transportation.

Brent crude oil for delivery in December rose by $1.20 to $116.08 per barrel.

The price of U.S. West Texas Intermediate (WTI) crude oil also increased by $1.37 to $103.37 per barrel.

Since the beginning of the month, the price of Brent has risen by nearly 11%, and the price of U.S. crude oil by about 14%.