At 8:30 am (Brasilia time) this Wednesday (15), the August contract of WTI crude oil recorded a moderate increase of 0.67% in New York Mercantile Exchange (Nymex), quoted at US$79.83/barrel. The September contract for Brent It advanced 0.66% in Intercontinental Exchange (ICE), trading at US$ 85.26/barrel. So far this week, the fuel has accumulated gains of 11.8% and 12.2%, respectively.
In the last trading session (14), WTI advanced 1.53%, to US$ 79.34/barrel, while Brent closed up 1.72%, at US$ 84.73/barrel. Both contracts reached their highest values since June 12.
In this trading session, fuel prices continue to be impacted by the new escalation of tensions between the United States and Iran. The market is reacting to the decision by US President Donald Trump to resume the naval blockade against the Persian country. In response, the Islamic Revolutionary Guard Corps stated in a communiqué that "regional energy exports are shared by all or denied to all," signaling that it may block the entire flow of energy through the Persian Gulf.
This text was translated by machine from Brazilian Portuguese.