Oil prices rose more than 1.5% thursday:il prices rose more than 1.5% Thursday, reaching their highest level in over six weeks, amid renewed military tensions between the US and Iran and concerns about supply disruptions. Brent crude futures rose $1.93, or 2%, to $96 per barrel, their highest level since June 8.

According to Qatar News Agency, US West Texas Intermediate (WTI) crude gained $1.44, or 1.7%, to $88.27 after advancing nearly 3% on Wednesday. The increase in oil prices reflects growing apprehension about potential supply chain interruptions in the region, exacerbated by ongoing geopolitical frictions.