Global crude oil prices climbed to their highest level in about a month as escalating tensions between the United States and Iran continued to fuel concerns over energy supplies.
According to a foreign news agency, Brent crude rose by $2.77, or 3.14 percent, to $90.87 per barrel, its highest level since June 11.
The report said Brent crude gained 15.9 percent over the past week, marking its largest weekly increase since April.
Meanwhile, US West Texas Intermediate (WTI) crude increased by $2.35, or 2.85 percent, to $84.84 per barrel, the highest level since June 12.
According to the report, WTI crude recorded a weekly gain of 15.5 percent, its strongest weekly performance since early March.
Retail petrol prices in the United States also continued to rise, with the average price exceeding $4 per gallon.
The news agency reported that US petrol prices have increased by more than 30 percent since the latest escalation between the United States and Iran.
According to the report, there are currently no clear signs of easing tensions, as recent military exchanges between the two countries continue to create uncertainty in global energy markets.
