Brent сrude oil surges to $76.75 per barrel

Oil prices rose on Wednesday following a modest increase in the previous session. According to Report, citing "Interfax," the cost of October futures for Brent crude on the London ICE Futures exchange reached $76.75 per barrel, an increase of $0.27 (0.35%) compared to the closing price of the previous trading session.

According to Report, which cites Interfax, WTI crude oil futures for September delivery on the New York Mercantile Exchange (NYMEX) electronic trading platform gained $0.30 (0.41%), reaching $73.50 per barrel.

Traders' attention remains focused on the situation in the Middle East, with markets anticipating a potential Iranian attack on Israel following the recent assassination of Hamas leader Ismail Haniyeh in Tehran.

Oil markets continue to face pressure from traders' concerns regarding the outlook for oil demand, given the signs of weakening economies in China and the United States.