At 8:50 am (Brasilia time) this Wednesday (8), the August contract of WTI crude oil recorded a significant increase of 4.94% in New York Mercantile Exchange (Nymex), quoted at US$73.96/barrel. The September contract for Brent It advanced 5.25% in Intercontinental Exchange (ICE), trading at US$78.05/barrel. So far this week, contracts have accumulated gains of 7.66% and 8.10%, respectively.
On the eve (7), WTI advanced 2.76%, to US$ 70.44/barrel, and Brent recorded an increase of 3.01%, to US$ 74.16/barrel.
This morning, fuel prices surged after US President Donald Trump stated that the memorandum of understanding signed with Iran, which aimed to end the conflict between the two sides, is "over," adding that dialogue with Tehran will not continue. The countries exchanged attacks overnight. The US carried out airstrikes on the Persian nation, while the Iranian Revolutionary Guard reported that Washington's military targets were hit in Bahrain and Kuwait. At least four oil and natural gas tankers abandoned attempts to cross the Strait of Hormuz, according to tracking data compiled by Reuters.
This text was translated by machine from Brazilian Portuguese.