Brent rises 1.14% and exceeds 102 dollars for the first time since May

Pthey 11:00 in Lisbon, Brent, Europe's reference oil, reached 102.36 dollars a barrel on the London futures market, after rising 1.14%.

This is the highest value of Brent's barrel since May this year.

Brent today accumulates five sessions to rise to the escalation of cross-attacks between the United States and Iran and market fears over possible disruptions in the supply of oil from the Middle East.

Texas oil was moving 1.40% to $97.39.

At the same time, natural gas TTF reversed the opening trend and climbed 2%, exceeding $81.

The rise in energy prices was caused by disturbances in the transport of liquefied natural gas (LNG) and oil by the Strait of Ormuz due to the war of the United States and Israel against Iran which began in the first quarter.