Oil prices rose by about 4% in the international market, and WTI closed above US$100 a barrel again.

The June contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Tuesday (12) with a significant increase of 4.19%, quoted at US$ 102.18/barrel. The July contract for the Brent advanced 3.42% in Intercontinental Exchange (ICE), trading at US$108.45/barrel. 

In this auction, Fuel prices were driven up by the impasse between the United States and the Iran in the definition of ceasefire agreement definitive in Middle EastAccording to sources close to the matter, both countries rejected each other's negotiation proposals. 

On the eve (11), the US president, Donald TrumpHe stated that the current truce is "incredibly fragile" and harshly criticized the counterproposal. Tehran to end the conflict in the region. According to the president, the letter sent by the ayatollahs' administration says nothing about ending the nuclear weapons project. 

During the afternoon, Trump declared that the maritime blockade imposed by the US on the Persian country has been effective and that Tehran “will reach an agreement or be decimated”.

As reported by the agency AxiosThe president is considering resuming military action against Iran. 

The CEO of Saudi Aramco, Amin Nasser, warned that disruptions in oil exports by Strait of Hormuz This could delay the return to market stability until 2027, with an estimated loss of 100 million barrels of fuel per week.

On the radar, the market is awaiting the meeting between Trump and his Chinese counterpart. Xi Jinping, marked in Beijing for Thursday (14) and Friday (15). 

This text was translated by machine from Brazilian Portuguese.