Bijiwang news, international oil prices have seen the largest single-day percentage increase in years, reflecting concerns that an escalation of the Middle East conflict could lead to severe energy supply disruptions. Brent crude prices rose by as much as 4.3% to $72.4 per barrel. WTI crude prices increased by as much as 5% to $71.4 per barrel. According to Reuters, this is the largest single-day increase in benchmark contracts since March 2022 (one month after the full outbreak of the Russia-Ukraine conflict). Ahmad Assiri, a research strategist at financial services company Pepperstone, stated that the surge in Brent crude prices indicates 'imminent supply concerns' and that 'negative news could prolong the escalation of the situation.'