ME News report, March 18 (UTC+8), after Iran stated that some of its energy facilities were attacked, oil prices rose sharply. The trading price of Brent crude oil approached $105 per barrel, with an increase of over 3% on Tuesday. Iranian state television reported that a part of the South Pars gas field and the oil industrial facilities in Assaluyeh were attacked. The focus of the oil market remains firmly locked on the Strait of Hormuz, which is technically closed. Robert Rennie, head of commodity research at Westpac, stated that with no end in sight to the Middle East conflict and increasing shutdowns day by day, and the Strait of Hormuz being technically closed, he still believes that Brent crude will remain in a new, higher range of $95 to $110 per barrel. If a major refinery is attacked or more mines are confirmed to be laid in the strait, it is expected that this range will rise by another $10 to $20. (Jin Ten) (Source: ME)