Oil is trading higher this Tuesday morning in the international market.

At 8:40 am (Brasilia time) this Tuesday (1st), the October contract of WTI crude oil It was operating at a significant high of 2.12% in New York Mercantile Exchange (Nymex), quoted at US$ 87.58/barrel. The November contract for the Brent It was advancing 1.45% in Intercontinental Exchange (ICE), trading at US$ 91.80/barrel. 

In the last trading session (31), WTI rose 2.83% to US$85.76/barrel, while Brent fell 2.71% to US$90.49/barrel. 

This morning, fuel prices continued to be driven by investors' reaction to the new escalation of tensions in the Middle East, renewing fears of disruptions in the energy supply from the Persian Gulf region.

Iranian President Masoud Pezeshkian stated that the country would retaliate "immediately" if the United States fulfilled the memorandum of understanding for peace signed in June. However, the Persian country's position is that any American attack will be met with retaliation. 

The day before, two oil tankers carrying fuel from Saudi Arabia, which were sailing through the Strait of Hormuz, were hit by unknown gunfire.

This text was translated by machine from Brazilian Portuguese.