Brent crude oil rises 1.67% and surpasses 115 dollars per barrel

Brent crude oil prices rose by 1.67%, surpassing $115 per barrel for the first time since May. This increase has affected stock markets negatively. Experts warn that rising oil prices could harm the global economy amid concerns about the sustainability of the AI business. Tensions between the US and Iran continue to impact the energy market, with the US ambassador acknowledging a potential ongoing impasse regarding Iran's nuclear program. The US Navy may maintain its blockade of Iranian ports indefinitely, while threats of military action against Iran persist from US and Israeli leaders. The Middle East conflict has led to record fuel prices and shortages of fertilizers and raw materials.