As the tensions between the United States and Iran escalated, tensions in the Middle East rallied and Brent, one of the benchmarks for oil prices, surpassed $ 70 a barrel today.

Bloomberg's March Brent price on the London ICE futures exchange traded at $ 70.11 a barrel, up 2.2% from the previous close, according to Bloomberg.

Western Texas crude oil prices also rose 1.9 percent to $ 64.27 on the New York Mercantile Exchange.

Some experts also predict that if oil risks in the Middle East worsen, international oil prices could rise to $ 80 a barrel on Brent.

Eurasian Group, a US think tank, said in a data released last three days that Brent could remain near $ 70, but "may reach up to $ 80 if a crash spreads to the southern Iraqi oil field or aggravate Iran's civilian ship attack." .

However, some analysts say that oil prices already reflect risk factors.

An official from the UAE consulting firm Manar Group said, "Many of the common risks have already been priced in," he said. "$ 70 per barrel is the worst case scenario and we see the oil price range in the first quarter as $ 60-70."

Meanwhile, as tensions rose in the Middle East, Saudi Arabia's state-owned oil company Aramco, trading in Saudi Arabia's stock market, fell 1.7% on May 5, to the lowest level since its listing last month.