Oil prices surpassed $114 per barrel for the first time since 2022 due to the intensifying Iran war, impacting production and shipping in the Middle East. Brent crude rose by 23% and West Texas Intermediate by 25% from the previous Friday. The conflict has escalated, with accusations against Iran for attacks on vital infrastructure and oil depots. The war has disrupted oil shipments through the Strait of Hormuz, a critical route for global oil transport. Teljes cikk (Euronews.com)