Oil Prices Rise Amid Concerns Over Venezuelan Supply Disruptions

As of 07:18 GMT, Brent crude futures climbed 0.52% to $61.60 per barrel, while West Texas Intermediate futures increased by 0.59% to $57.94 per barrel.
Significant Drop on Thursday
This uptick follows a decline of approximately 1.5% in both benchmarks during Thursday's trading, highlighting the volatility in oil markets amid recent geopolitical developments.
Impact of the Venezuelan Crisis
Informed sources indicated that the United States is preparing to intercept more vessels carrying Venezuelan oil, following the seizure of a tanker earlier this week, as part of its pressure strategy against Venezuelan President Nicolás Maduro.
This operation has raised concerns about potential disruptions in Venezuelan oil supplies, temporarily supporting prices despite ongoing weekly pressures in the global market.
