Oil prices on the global market have increased against the backdrop of rising tensions in the Middle East.

Brent futures for September delivery rose by $0.32 (0.39%) to $81.45 per barrel on the London-based ICE Futures exchange, according to the information , which cites Interfax.

Similarly, WTI futures for September delivery grew by $0.26 (0.34%) to $77.42 per barrel during electronic trading on the New York Mercantile Exchange (NYMEX).

Meanwhile, at the end of last week, the prices of Brent oil fell by 1.8% and WTI oil declined by 1.9%.

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