Pakistan, July 25 -- Global crude oil prices have climbed to their highest levels in nearly two months as escalating tensions between the United States and Iran, along with supply disruptions linked to the Ukraine conflict, heightened concerns over energy markets.

Read More: Oil prices fall on higher US crude inventories

Physical crude cargo prices across the Middle East, Europe and Africa rose sharply this week, with some grades approaching $110 per barrel as buyers rushed to secure immediate supplies amid fears of further disruptions.

The benchmark Dated Brent crude, used to price more than 60% of physical crude oil cargoes worldwide, surged to $105.70 per barrel on Thursday, according to LSEG data. The price marked its highest level...