Brent price crosses $75 per barrel on news of Israeli strikes on Iran

Oil prices rise sharply on the morning of June 13 on news of Israel's strikes on Iran, Report informs.

The price of August Brent futures on the London ICE Futures exchange, as of 09:11 (GMT+4), rose by $5.8 (8.36%), to $75.16 per barrel.

The day before, these futures fell by $0.41 (0.59%), to $69.36 per barrel.

WTI oil futures for July on electronic trading on the New York Mercantile Exchange (NYMEX) are rising in price by $5.91 (8.69%), to $73.95 per barrel.

At the end of Thursday's session, the price of these contracts decreased by $0.11 (0.16%), to $68.04 per barrel.