Oil is up more than 4% this morning, with WTI trading above $90 a barrel.

At 8:55 am (Brasilia time) this Thursday (23), the September contract of WTI crude oil recorded a significant increase of 4.28% in New York Mercantile Exchange (Nymex), quoted at US$ 90.55/barrel. The expiration date for the same month for the Brent It advanced 4.72% in Intercontinental Exchange (ICE), trading at US$98.68/barrel. So far this week, contracts have accumulated gains of 10.9% and 12.0%, respectively. 

In the last trading session (21), WTI rose 2.25%, to US$ 84.34/barrel, while Brent recorded a gain of 2.00%, to US$ 91.01/barrel. 

This morning, fuel prices are at their highest level in a month, driven by investor reaction to news that the Houthis, a Yemeni paramilitary group, attacked two oil tankers carrying Saudi Arabian crude. Bab el-Mandeb Strait, which connects the production of the Persian Gulf to the global market via the Red Sea.

On the Persian side, the United States armed forces announced the 12th round of consecutive nighttime attacks against Iran. US President Donald Trump vowed to destroy a bridge or power plant in the country in response to the attacks against ships. Strait of Hormuz. 

This text was translated by machine from Brazilian Portuguese.