Oil prices reached five-month highs amid the threat of new US attacks on Iran. The price of Brent oil rose to $114.72 per barrel. The increase comes against the background of the fear of renewed US and Israeli attacks after the US elections on November 3. Tehran has threatened to retaliate by attacking oil facilities, submarine cables, data centers and artificial intelligence infrastructure in the Gulf states.

Oil prices reached five-month highs amid the threat of new US attacks on Iran. The price of Brent oil rose to $114.72 per barrel. The increase comes against the background of the fear of renewed US and Israeli attacks after the US elections on November 3. Tehran has threatened to retaliate by attacking oil facilities, submarine cables, data centers and artificial intelligence infrastructure in the Gulf states.