Oil prices rise again, reaching over $81 per barrel

Oil prices rose at the opening of Asian markets, amid growing concerns about the situation in the Middle East and uncertainties regarding shipping in the Strait of Hormuz.

Brent crude, which serves as a benchmark for the European market, rose above $81 a barrel. In the first hours of trading, Brent was quoted at $81.64 a barrel, up 1.31%, while U.S. crude oil (WTI) rose 1.87%, reaching $78.78 a barrel.

According to reports, the price increase is linked to ongoing tensions around the Strait of Hormuz, after Tehran again announced restrictions on the passage of ships and accused the United States of failing to secure a ceasefire in Lebanon.

Meanwhile, talks between the US and Iran in Switzerland continue, but with no clear signs of easing tensions. Iranian state media reported that the Tehran delegation has set an end to the war in Lebanon as a condition for continuing negotiations, while stressing that Iran's nuclear program will not be part of the discussions.

Meanwhile, US President Donald Trump has repeated warnings of new attacks on Iran-linked targets if Tehran does not curb the groups it supports in Lebanon. He has also warned Iran not to take steps to close the Strait of Hormuz, leaving open the possibility of imposing economic tariffs in the absence of a deal.

Analysts estimate that geopolitical developments in the region are directly affecting global energy markets, while any further escalation of the crisis could bring new fluctuations in oil prices.

Happening now...

12:51 POLITICS

The European Parliament approved the report on Albania, the Democratic Party requests a motion with debate in the Assembly: It reiterated its concern about the polarization of politics

12:30 BOTA

France and England strengthen migrant deal, expel those who return illegally

12:01 HAPPENING NOW

Pacolli calls on SPAK: Investigate the scandal at Vlora Airport, the construction site was usurped by criminal groups!

11:53 POLITICS

The Assembly Bureau upholds Agron Shehaj's 30-day expulsion from parliament

11:49 HAPPENING NOW

Accident on the Elbasan-Cërrik axis, car engulfed in flames after collision with passenger van

Nga Taulanda Jupi 11:35 ideas

From London to Tirana: two political cultures, two different standards of democracy.

Nga Taulanda Jupi

11:24 POLITICS

Partizani/ Pango 'sells' Berisha: I was in favor of privatization, but not for changing the destination! And I was against the legal changes of 2008 that paved the way for the towers

11:15 HAPPENING NOW

Accused of killing 45-year-old man with gun in Shijak in January, arrest warrant issued for two cousins

11:08 HAPPENING NOW

Tensions at Vlora airport! Behgjet Pacolli's employees clash with Valon Ademi's subordinates

11:03 KOSOVA

Serious accident in Germany, two girls from Kosovo lose their lives

10:53 BOTA

British Prime Minister Keir Starmer resigns

10:25 POLITICS

"The opposition had many things in its hands, but it didn't do them"/ Azem Hajdari's daughter moved by the protest: Let's wipe away the tears and do what is possible

10:15 HAPPENING NOW

Attacks on Osman Stafa, the Union of Journalists reacts harshly: Violation of the freedom of the journalist in charge of his duty

10:06 POLITICS

"Partizani" file, former minister Ylli Pango goes to court as a witness

Want to read more news