Oil prices rose by more than 1 per cent as a result of the attack on the Iranian rocket launchers

On Monday, oil prices rose by more than 1 per cent as a result of an attack by the United States military on a rocket launcher on the Iranian island of Laraque. The international benchmark Brent crude oil increased by 1.54 per cent in futures in November and reported $89.46 per barrel for Western Texas Middle Oil in October by 1.44 per cent and $84.60 per barrel. The spokesman for the United States Central Command, Captain Tim Hawkins, confirmed that on Sunday the United States military had attacked two Iranian launchers, killing and injuring several Iranian soldiers. The Iranian Revolutionary Guard Corps indicated that retaliatory attacks had been carried out against United States military bases in Jordan. Ship traffic in the Strait of Hormuz has been seriously disrupted by the Middle East conflict, which has lasted six months. The analyst, Tamas Vargas, indicated that the supply risk would continue and the oil stock would continue to decrease in the coming weeks and months. In a report, Goldman Sachs noted that attacks on oil refineries in the Middle East and Russia had further limited global refining capacity and contributed to a new increase in the profitability of refined products。