After two consecutive days of decline, international oil prices rose again as concerns over supply disruptions intensified due to uncertainty surrounding the conflict situation involving Iran, the United States, and Israel. The increase took effect from midnight Wednesday, with Brent crude climbing by 81 cents, or 0.77 percent, to reach 105.83 dollars per barrel. At the same time, U.S. West Texas Intermediate (WTI) crude rose by 97 cents, or 0.99 percent, to trade at 99.23 dollars per barrel.

The renewed upward movement in oil prices was driven by fears of reduced global reserves, as U.S. crude inventories declined and doubts persisted over a possible ceasefire involving Iran. These factors have placed supply concerns at the center of global energy market discussions.

Analysts cited in the report noted that the combination of geopolitical tension and falling stockpiles has reinforced volatility in the oil market, suggesting continued uncertainty in near-term pricing trends.