The October contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) closed this Tuesday (1st) with a significant increase of 5.2%, quoted at US$ 90.22/barrel. The November contract for the Brent advanced 4.6% in Intercontinental Exchange (ICE), trading at US$ 94.65/barrel.
In this trading session, fuel prices continued to be driven by investors' reaction to the recent developments in the conflict between the United States and Iran, after the US Central Command (Centcom) declared that it had begun new attacks against Iranian targets in response to Tehran's bombing of vessels in the Strait of Hormuz.
US President Donald Trump stated that the attacks are "large and powerful," and also said that if the Persian country retaliates again, they will be hit on a "larger scale." According to the Irna news agency, several explosions were reported in the Bandar Abbas, Qeshm, Jask, and Sirik regions of Iran.
This text was translated by machine from Brazilian Portuguese.