Oil prices continue to rise and Brent is above $90 a barrel

Oil prices rose during trading on Monday in light of the lack of progress in diplomatic efforts aimed at ending the conflict in the Middle East. In terms of trading, Brent crude futures, the global standard, rose by 2.6%, or $2.35, upon settlement to $90.87 per barrel, while US West Texas Intermediate crude futures rose by 2.6%, or $2.10, to close at $84.50 per barrel. New threats from Trump said

US President Donald Trump said that there is no agreement on the horizon with Iran and threatened the Sultanate of Oman with military attacks against it because of the Strait of Hormuz. This comes after Iranian Foreign Minister Abbas Araqchi said that Iran has not taken a decision to resume talks with the United States, while US President Donald Trump called on Americans to accept a slight rise in gasoline prices as long as the conflict continues. The Iranian Foreign Ministry spokesman said

Ismail Baghaei: The talks with the Sultanate of Oman are continuing, but they will take a long time due to the complexity of the issue, the multiplicity of parties, and the efforts of some countries and parties to obstruct the process. Observers believe that in the absence of new catalysts, oil prices may continue to move in a sideways range near their current levels. Tanker traffic through the Strait of Hormuz declines Data on Monday showed that shipping traffic through the Strait of Hormuz slowed over the weekend following attacks on...

Oil tankers. Five commodity ships crossed the strait on Saturday, while none were recorded on Sunday, according to ship tracking data from Kpler, compared to 31 ships over the previous weekend.

The price of Ethereum (ETH) rose by about 2% during trading today, Monday, after it regained the $1,900 level, amid improved daily momentum and increasing short position liquidation gatherings near the price, which brought the $2,000 level back into the circle.

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Chicago Board of Trade (CBOT) corn futures rose Monday, as traders awaited the launch of the Pro Farmer Crop Round this week, which is expected to provide additional data on corn and soybean crop yields.

Gold prices rose on Monday, supported by a weaker dollar and waning expectations for the US Federal Reserve to raise interest rates.