Oil prices are experiencing a renewed surge, climbing nearly 10% in a month with Brent exceeding $86 a barrel and WTI around $80. This upward trend follows earlier increases and signals continued volatility in the petroleum market. Investors are increasingly abandoning expectations of a return to pre-crisis normalcy, particularly regarding the strategic Strait of Hormuz. The reasons behind this latest escalation are not fully detailed in the provided text, but suggest heightened geopolitical concerns. This price hike impacts global economies reliant on oil imports and could fuel further inflation. An expert believes that the previous state of the oil market will not return. Further developments are expected as the situation unfolds.