Eco
Global oil prices surged on Friday, with Brent crude surpassing the $109 per barrel mark, reaching its highest level since May 21. Futures contracts for November delivery of Brent crude were recorded at $109.12 per barrel by 00:33 Moscow time. This notable increase occurs amid escalating concerns over long-term supply disruptions, exacerbated by recurrent attacks targeting key shipping routes in the Middle East, thereby amplifying uncertainty within the global energy market.