Brent crude oil prices surged by 4.5% at market open as tensions escalated with the resumption of hostilities between the United States and Iran. The renewed conflict has heightened concerns over potential disruptions in oil supply from the Middle East, a critical region for global energy markets. The price increase reflects market anxiety over the stability of oil shipments through key maritime routes in the region, which could be affected by military actions. Traders are closely monitoring the situation for further developments that could impact oil prices and supply chains.