FLASH
Shkruar nga Pamfleti
International oil prices have risen sharply, while Asian stock markets have recorded significant losses this Monday, March 30, against the backdrop of the escalation of the conflict in the Middle East, which has entered its fifth week.
Brent crude rose by over 3%, crossing the $115 per barrel threshold. At the same time, US WTI crude reached around $103 per barrel, up around 3.5%. This trend puts Brent on track for its biggest monthly gain ever.
The reaction in Asian financial markets was negative. Japan's Nikkei 225 index fell 4.5%, while South Korea's Kospi fell 4%.
Tensions escalated over the weekend after Iran-backed Houthi rebels in Yemen launched attacks on Israel, prompting Iran to threaten to expand its retaliatory actions, including targeting American and Israeli targets.
US President Donald Trump has said the United States could take control of Iran's oil, citing the capture of the key energy hub on Kharg Island as an option. He said Iranian defenses in the area are weak and could be easily neutralized.
Meanwhile, Iran has threatened to attack ships passing through the Strait of Hormuz, a key point for global energy supplies through which about 20% of the world's oil and gas passes. This situation has caused severe fluctuations in energy markets and contributed to the increase in prices.
According to experts, a further escalation of the conflict could push oil prices up to $130 per barrel in the coming weeks.
Rising energy costs are also expected to be reflected in the global economy, increasing the risk of an economic slowdown as consumers face higher prices for fuel and food products.
By comparison, on February 27, before the attacks on Iran were launched, Brent crude was trading around $72 a barrel. On March 18, it reached $119.50, the highest level since June 2022.
Lini një Përgjigje