Oil prices were affected after the United States expressed its intention to announce the obligation of all Iranian oil buyers to end their imports from it or submit to sanctions.
Brent crude futures rose 3.3% to $ 74.31 a barrel, the highest level since November 1, before falling back to $ 73.63 a barrel by 0604 GMT Greenwich, 2.3% higher than last closing.
The US West Texas Intermediate crude futures rose 2.9%, to $ 65.87 a barrel, at its highest level since October 31. By 0544 GMT, the price was $ 65.50 a barrel, up 2.3% from the previous settlement.
Besides, OPEC and other international oil producers have imposed supply cuts since the beginning of the year in order to reduce supply in the global oil markets and support prices, and as a result, Brent prices have risen even more. One-third of this year, while West Texas Intermediate rose more than 40% in the same period.
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