Global oil prices climbed to their highest levels in nearly six weeks on Wednesday as escalating tensions in the Middle East raised fresh concerns about potential disruptions to crude supplies.

Brent crude futures rose above $92 per barrel, while US West Texas Intermediate (WTI) crude also advanced as investors reacted to heightened geopolitical risks and the possibility of further interruptions to oil exports from the region. Market sentiment remained firmly focused on supply security amid ongoing military developments.

The latest rally follows reports of continued military activity involving Iran and growing concerns over the safety of key shipping routes, including the Strait of Hormuz, a vital corridor through which a significant share of the world’s oil is transported. Traders fear that any prolonged disruption could tighten global supplies and push prices even higher.

Energy analysts say geopolitical uncertainty has become the primary driver of oil markets, outweighing concerns about global demand. While some investors remain hopeful that diplomatic efforts could eventually ease tensions, the risk of supply interruptions continues to support higher crude prices.

Market participants are closely monitoring developments in the Middle East, with analysts warning that any escalation affecting oil infrastructure or shipping lanes could trigger further price spikes and add to inflationary pressures worldwide.