The price of North Sea crude oil (Brent) rose by more than 4 percent to $109 a barrel after the Associated Press reported that it will take weeks to repair damage to the oil pipeline.
Market concerns are also being driven by the cancellation of a meeting between Iran and other oil countries around the Persian Gulf on how traffic through the Strait of Hormuz should be handled.
Last week, the price rose 9 percent and today's price levels can be compared with $85-$90 per barrel at the end of August and prices below $70 per barrel at the beginning of the year.
The price of natural gas on the European market - important for Swedish electricity prices - rises by about 4 percent to over 83 euros per megawatt hour.
What do you think?