Oil is trading moderately higher this Friday morning.

At 8:40 am (Brasilia time) this Friday (10), the August contract of WTI crude oil recorded a moderate increase of 0.62% in New York Mercantile Exchange (Nymex), quoted at US$72.53/barrel. The September contract for Brent It was advancing 0.79% in Intercontinental Exchange (ICE), trading at US$76.90/barrel. So far this week, futures have accumulated gains of 5.56% and 6.60%, respectively.

Yesterday (9), WTI fell 1.95%, to US$ 72.08/barrel, while Brent dropped 2.20%, to US$ 76.30/barrel. 

In this trading session, oil prices were driven by the resumption of hostilities between the United States and Iran, which again closed the Strait of Hormuz, fueling market concerns about disruptions to energy flows through the Persian Gulf route. Both countries exchanged attacks overnight. As described by Iranian media in a statement, the US attacked the Bushehr region, where one of the country's nuclear power plants is located.

This text was translated by machine from Brazilian Portuguese.