According to CoinMeta, and as reported by Reuters, oil prices rose on Friday. Brent crude futures increased by $1.31, or 1.47%, to $90.34 per barrel. WTI (West Texas Intermediate) crude oil rose by $1.95, or 2.33%, to $85.54 per barrel. In July, Brent crude is expected to rise by nearly 24%, and WTI by about 23%. Iranian media reported that some oil tankers were forced to turn around in the Strait of Hormuz, resulting in still low traffic in that waterway, which supported oil prices. Meanwhile, Abu Dhabi National Oil Company (ADNOC) purchased five very large oil tankers for about $590 million to expand its fleet.