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With the continuation of tensions in the Middle East and the publication of reports about the possibility of a ground attack by the US and Iran's captives, the world oil price reached its highest level in the last five months by crossing the $114 mark on Friday, November 1st.

Radio Farda · رادیو فردا · Source

With the continuation of tensions in the Middle East and the publication of reports about the possibility of a ground attack by the US and Iran's captives, the world oil price reached its highest level in the last five months by crossing the $114 mark on Friday, November 1st.

With the continuation of tensions in the Middle East and the publication of reports about the possibility of a ground attack by the US and Iran's captives, the world oil price reached its highest level in the last five months by crossing the $114 mark on Friday, November 1st.

On Friday, the price of Brent oil in the European markets rose by more than 1% compared to the previous day and traded at 114 dollars and 50 cents per barrel. This is the highest price of this type of oil since May.

The continued attacks of the Iran-backed Houthis on the energy infrastructure of Saudi Arabia and the increase in speculation about the new round of attacks by Israel and the US on Iran after the mid-term elections in the US, have been suggested by experts as the most important reasons for the increase in oil prices.

At the same time, the price of natural gas in Europe jumped another four percent on Friday, bringing the total price increase this month to about 30 percent.