International crude oil prices rose on April 12 due to political tensions in the Middle East. West Texas Intermediate (WTI) crude for May delivery increased by US$0.64, reaching US$85.66/barrel on the New York Mercantile Exchange. Brent crude for June delivery grew by US$0.71, settling at US$90.45/barrel.

Moreover, a large-scale conflict broke out in the Middle East on April 14, which may further lead to a regional war, and international crude oil prices continue to be ready to move.