The July contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) closed this Tuesday (26) with a significant drop of 2.81%, quoted at US$ 93.89/barrel. On the other hand, the August contract of Brent jumped 3.58% in Intercontinental Exchange (ICE), traded at US$ 99.58/barrel. The price discrepancy reflects the suspension of trading on the Nymex the previous day (25) due to Memorial Day, a holiday that honors US military personnel who died in combat. Brent prices were boosted after new US attacks against southern Iran increased uncertainty about whether an agreement will be reached soon to end the war and reopen the flow of ships through the Strait of Hormuz. The US Secretary of State Marco Rubio stated earlier today that negotiate an agreement A settlement with Iran could "take a few days," dashing hopes for an imminent end to the conflict.
Iran's supreme leader, Ayatollah Mojtaba Khamenei, for his part, declared that he had shot down a US drone in the Persian Gulf and threatened to attack US bases in the Middle East. On the radar, Bloomberg reported that Exxon Mobil and ConocoPhillips are negotiating with the Venezuelan government of Delcy Rodríguez opportunities to explore the country's reserves.
This text was translated by machine from Brazilian Portuguese.