The situation in the Middle East is tense again, pushing oil prices to rise. Brent crude oil surged more than 5%, surpassing $114 per barrel.

date
05/05/2026
According to the "Intelligent Financial News" APP, on Monday, international oil prices rose. Prior to this, the United Arab Emirates claimed to have been attacked by Iranian missiles and drones. At the same time, the United States denied reports of a warship being attacked in the Strait of Hormuz, causing uncertainty in the Middle East situation to rise again.