Oil prices rose during Monday's trading, continuing to rise, supported by increased demand against the background of the continued escalation of political tensions and the looming war between Russia and Ukraine.
The differences between the two neighbors have escalated recently with the failure of all diplomatic solutions to the crisis between them in the past two weeks, including the phone conversations that took place between US President Joe Biden and his Russian counterpart Vladimir Putin.
The recent US statements about the high probability of Russia's invasion of Ukraine will entail retaliatory measures from the United States; This casts a shadow over global energy flows and oil prices in general.
In terms of trading today, Brent crude futures, the standard for April delivery, rose by 1.25% to reach $95.62 a barrel.
The US NYMEX crude contracts for March delivery also rose by 1.48% at the level of $94.48 a barrel.
