Read the following piece of news and mark the letter A, B, C or D to indicate the option that best fits each of the numbered blanks. RISING OIL PRICES…

Read the following piece of news and mark the letter A, B, C or D to indicate the option that best fits each of the numbered blanks.

RISING OIL PRICES AFFECT DAILY LIFE WORLDWIDE

Oil prices have increased sharply in recent weeks due to ongoing tensions between the United States and countries in the Middle East. The conflict has disrupted a high (7) of oil transported through key routes, especially through the Strait of Hormuz. This situation is now a source of (8) concern among governments and businesses.

Global oil prices, (9) by supply disruptions, have risen to nearly 97 per barrel. As a result, transportation and production expenses have become more (10) in many countries. People now have to pay more for fuel, food, and other basic goods. For example, fuel prices in some regions have reached very high levels, making it difficult for families (11) with rising expenses.

Experts warn that if the conflict continues, the situation may become more serious. It could also (12) the flow of global trade, causing delays in the movement of goods and placing additional pressure on economies worldwide.