Oil prices continue to soar, with Brent crude experiencing its eighth consecutive day of gains. The surge in prices can be attributed to ongoing tensions in the Middle East, where a series of missile strikes on Saudi Arabian oil facilities has raised concerns about global supply. As a result, investors are flocking to oil futures, driving up the price of Brent crude to its highest level in months. The sustained increase is also being fueled by a decline in US oil inventories, further exacerbating the upward trend in oil prices.
