Brent oil prices rose to their highest since June 23

The price of Brent crude futures for delivery in May 2026 amounted to more than $73 per barrel, this price was recorded for the first time since July 30, 2025, according to trading data on the London ICE Exchange on February 27.

By 16:04 Moscow time, the price of Brent rose by 3.06% to $73.01 per barrel. However, a few minutes later, by 16:10 Moscow time, the price of Brent accelerated its growth to $73.1 per barrel (+3.19%).

WTI crude oil futures for delivery in April 2026 at the same time were at $67.37 per barrel (+3.31%).

Haggling recipe: Iran lures the US with oil investments

Tehran was given 15 days to accept the deal under threat of a new operation.

On January 2, Reuters reported an increase in oil prices after talks between American President Donald Trump and Ukrainian leader Vladimir Zelensky. Then futures for Brent crude oil rose to $61.27 per barrel, for West Texas Intermediate (WTI) crude oil — to $57.32 per barrel.

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