Crude oil prices rose after the Israel-Hamas war, with prices in Asian markets rising 4.7 percent.
During trading, Brent crude oil price reached 86 dollars 65 cents per barrel.
The price of WTI increased by 4.5% while the price of WTI per barrel was 88 dollars 39 cents.
Oil and natural gas prices rose after Hamas’s surprise attack on Israel over the weekend. And the Israeli response fueled instability in the petroleum-rich Middle East. Brent crude futures, the global benchmark, rose 4 percent to $88 a barrel.