Oil prices rose more than 2% on Monday in the international market.

The June contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It ended this Monday (27) with a significant increase of 2.09%, quoted at US$ 96.37/barrel. The July contract for the Brent advanced 2.58% in Intercontinental Exchange (ICE), trading at US$101.69/barrel. 

In this trading session, fuel prices were driven up after the press secretary of White House, Karoline Leavittto state that the United States they do not consider the proposal presented by Iranthrough Pakistan, for peace in Persian Gulf. 

According to the head of the department, the Trump administration is discussing an Iranian plan that conditions the complete reopening of Strait of HormuzAccording to Iranian authorities, the proposal brokered by Pakistan included the resumption of the route as part of the actions, however, it would only be done if… nuclear program from the Persian country would remain outside of conversations.

However, the gains were limited after the minister of Foreign Relations from Iran, Abbas AraqchiThe official stated that the country's government continues to evaluate the US proposal. The official made the statement shortly before meeting with the president of the United States. Russia, Vladimir Putin, in Saint Petersburg.

This text was translated by machine from Brazilian Portuguese.