Oil prices rise again after the US and Iran exchange new air strikes.

At 10:35 am (Brasilia time) this Thursday (28), the July contract of WTI crude oil recorded a significant increase of 2.60% in New York Mercantile Exchange (Nymex), quoted at US$ 90.99/barrel. The August contract for Brent It fell 2.21% in Intercontinental Exchange (ICE), traded at US$ 94.29/barrel. Yesterday (28), the WTI It fell 5.55%, to US$88.68/barrel, and the Brent Oil prices fell 4.57% to $92.25/barrel – both trading at their lowest value in over a month. This morning, fuel prices were supported by news that Iran's Revolutionary Guard attacked a US air base in response to a previous US offensive in the port city of Bandar Abbas. The attack occurred hours after the White House denied reports that it was close to an agreement with Tehran to end the conflict in the Middle East, which would likely normalize the flow through the Strait of Hormuz. Later, the Energy Information Administration (EIA) will update its weekly data on US oil inventories.

This text was translated by machine from Brazilian Portuguese.