The price of oil increased to 104 dollars per barrel

Наталья Маркова • 16.03.2026, 11:55 • In the world / Exclusive

At the beginning of the week, global oil prices increased by 1-1.5%, with Brent reaching a level of $104 per barrel. This price increase was a result of the recent U.S. strike on Khark Island, which is a key export point for Iran, according to trading data and expert opinions.

According to RIA Novosti, May futures for Brent oil rose by 1.56% compared to the previous close, reaching $104.75 per barrel, while WTI futures increased by 1.1%, reaching $97.91.

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