New York, April 10 (QNA) - Global oil prices closed higher on Thursday amid growing concerns over possible disruptions to shipping through the Strait of Hormuz.

Brent crude futures rose by $1.17, or 1.23%, settling at $95.92 per barrel.

US West Texas Intermediate (WTI) crude also climbed sharply, gaining $3.46, or 3.66%, to settle at $97.87 per barrel.

Market analysts said the increase reflects heightened uncertainty over energy supply routes, particularly in the wake of concerns about potential instability in the strategically important waterway, which is a key artery for global oil shipments. (QNA)