Brent crude futures rose $1.72, or 2.4 percent, to $74.53 per barrel by 1024 GMT.
US West Texas Intermediate crude futures increased $1.76, or 2.5 percent, to $71.02 per barrel.
Yesterday, Thursday, the American news website Axios quoted two Israeli sources, whose identities were not revealed, as saying that Israeli intelligence information indicates that… Iran It is preparing to attack Israel from Iraqi territory in the coming days, perhaps before the US presidential elections expected on November 5.
The two countries exchange a series of blows in light of the expansion of the war in the Middle East. Most of the air attacks launched by Iran on Israel on the first of October and in April were repelled, causing only minor damage.
Brent crude is expected to end the week down by about two percent, after falling six percent on Monday following the October 26 strike launched by Israel against Iran, which spared oil and nuclear facilities.
Oil prices are also receiving support from expectations that the OPEC+ group may postpone the increase in oil production planned for December for a month or more, against the backdrop of concerns related to weak demand for oil and high supplies.