Crude oil futures prices approached $120 a barrel on foreign markets yesterday morning as the war in Iran intensified, threatening oil production and shipping in the Middle East. According to the AP news agency, the price of a barrel of European Brent crude oil rose to $119.50 early yesterday, but later lost ground. The price of US West Texas Intermediate crude oil also reached $119.48 a barrel, but later returned below $100. The level of almost $120/barrel has not been reached since 2022. West