Oil prices rose sharply on Monday, driven by escalating tensions in the Middle East following further Israeli strikes in the Beirut area.
According to market data, US crude rose $2,57 to $93,11 a barrel, while Brent gained $2,67 to settle at $95,76.
This increase comes after Israeli strikes on Beirut's southern suburbs, an area regularly targeted in the context of tensions between Israel and Hezbollah. The operation marks a further break with the recent announcement of a US-backed ceasefire plan aimed at reducing hostilities in the region.
Investors reacted immediately to this escalation, fearing an extension of the conflict to other regional actors, particularly Iran, in a context already marked by exchanges of fire and persistent diplomatic tensions.
The oil market remains particularly sensitive to any instability in the Middle East, a key region for global energy production and transportation. Analysts believe this volatility could continue if clashes escalate or if diplomatic efforts fail to contain the situation.
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