Pakistan, Oct. 30 -- Global crude oil prices rose on Friday, positioning benchmarks for a fourth consecutive monthly gain following fresh security disruptions in the Middle East. Market anxiety surged after an explosive attack on a commercial tanker in the Strait of Hormuz emphasized ongoing supply risks. December Brent crude futures advanced $1.20 to reach $116.08 a barrel during early Asian trading sessions. Furthermore, West Texas Intermediate and Brent benchmark contracts paced toward significant monthly increases of 14% and 11% respectively. Consequently, international energy analysts expect elevated price volatility to persist across global commodity exchanges.

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