Oil prices are up about 3% this morning.

At 8:30 am (Brasilia time) this Monday (1st), the July contract of WTI crude oil recorded a significant increase of 3.56% in New York Mercantile Exchange (Nymex), quoted at US$ 90.47/barrel. The August contract for Brent It advanced 2.93% in Intercontinental Exchange (ICE), trading at US$ 93.84/barrel. 

In the last trading session (29), WTI fell 1.73%, to US$ 87.36/barrel, and Brent retreated 1.70%, to US$ 91.12/barrel. For the week, the contracts accumulated losses of 9.56% and 12%, respectively. 

This morning, fuel prices were driven up by the market's reaction to the recent escalation of tensions in Middle East. You United States and the Iran They exchanged attacks during the night, while Israel He ordered his military force to advance into Lebanon, with the aim of combating Hezbollah, a paramilitary group in the country supported by the administration of Tehran.

The spokesman for the Iranian Ministry of Foreign Affairs, Esmaeil BaghaeiHe stated that the delay in reaching an agreement is justified by a lack of trust, as well as the contradictory position of the American president. Donald Trumpin addition to the recent Israeli attacks on Lebanese territory. 

This text was translated by machine from Brazilian Portuguese.