Oil prices rose more than 2% in the international market, and Brent crude returned to trading above US$90 a barrel.

The October contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) closed this Monday (31) with a significant increase of 2.83%, quoted at US$ 85.76/barrel. The November contract for the Brent advanced 2.71% in Intercontinental Exchange (ICE), trading at US$ 90.49/barrel. 

In this trading session, fuel prices were driven up by the market's reaction to the recent US attacks on the Iranian island of Larak, which the Iranian administration classified as a "violation of national sovereignty." 

In response, Iran bombed US military bases in Jordan and the United Arab Emirates, and stated that it will continue to exercise its “right to self-defense.” US President Donald Trump declared that he will retaliate against the Persian attacks “with force.”

This text was translated by machine from Brazilian Portuguese.