Oil prices rise after mutual accusations between Israel and 'Hezbollah'.
Oil prices have risen due to the conflict between Israel and the group 'Hezbollah' regarding the violation of the ceasefire, as well as the postponement of the OPEC+ meeting.
According to Reuters, prices for Brent crude oil futures rose by 0.4% to $73.10 a barrel, while futures for American West Texas Intermediate crude rose by 0.3% to $68.95.
Israeli military reported that the ceasefire was violated after suspicious individuals arrived in vehicles in several areas of the southern zone.
This conflict in the Middle East, where a significant portion of the world's oil production is concentrated, has not yet affected supplies but increases risks for traders.
The OPEC+ meeting on policy was postponed to December 5 to avoid conflicting with another event.
At this meeting, they plan to postpone the increase in oil production to support prices.
The OPEC+ group continues to reduce oil production volumes to stabilize prices. It consists of oil-exporting countries, including Russia, and accounts for half of the world's oil production.
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