The United States has launched a new major attack on Iran. After the US attack on various places including the country`s Chabahar port, crude oil prices have suddenly increased in the global market. This rise in the market has mainly been due to the fear of a new conflict in the Middle East and the fear of disruption of global energy supplies. In such a situation, investors are now keeping an eye on the next steps of Washington and Tehran.
According to the Gulf News, crude oil prices in the global market have increased significantly at the beginning of trading on Thursday (July 9) after the US attack on Iran`s strategically important Chabahar port. This attack has mainly spread new tensions in the Middle East. This has also increased the fear of disruption of global energy supplies.