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The price of oil in international markets has continued to rise, exceeding the level of $110 per barrel on Tuesday, at a time when negotiations between the US and Iran for a peace agreement remain deadlocked.
On the other hand, Iran has reportedly submitted a proposal to lift the blockade on the Strait of Hormuz, but so far there has been no detailed public response from the White House regarding this offer.
Brent crude oil has risen over 2%, adding to expectations in the markets that central banks may intervene by raising interest rates to curb inflationary pressures.
This is the first time that the price of Brent has exceeded $110 since April 7, when an announcement of a temporary ceasefire by US President Donald Trump caused it to fall.
The situation in the Strait of Hormuz has significantly impacted maritime trade over the past two months, restricting the movement of ships and affecting global oil and gas supplies.
Monitoring data shows that only eight ships passed through this maritime corridor on Sunday, while previously the daily traffic averaged 129 ships, according to UN statistics on trade and development.
Attacks on energy infrastructure have reduced global production, while experts estimate that returning to normal levels will take time, even if the parties reach an agreement to end the conflict.
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