MOSCOW, June 1. /TASS/. Brent oil futures with the settlement in this August gained more than 5% amid reports on the suspension of Iran’s communications with the United States within the negotiating process due to continuing Israeli strikes against Lebanon.

Brent futures gained 5.47% on London-based ICE to $96.1 per barrel.

Brent prices slowed down later and were traded at $95.62 per barrel (+4.94%). WTI futures with delivery in July 2026 added 5.8% to $92.43 per barrel at the same time.