The August contract of WTI crude oil negotiated in New York Mercantile Exchange (Nymex) It closed this Monday (13) with a significant increase of 9.42%, quoted at US$ 78.14/barrel, renewing its highest level since June 17, reaching US$ 78.45 during the trading session. The September contract of Brent advanced 9.58% in Intercontinental Exchange (ICE), trading at US$ 83.30/barrel.
In this trading session, fuel prices were driven up by statements from US President Donald Trump that the maritime blockade of Iran will be reinstated, along with the application of a 20% tax on cargo transported through the Strait of Hormuz, aimed at funding the security of commercial vessels on that route.
"The Strait of Hormuz is open and will remain open, with or without Iran. We are reinstating the Iranian blockade," Trump wrote on his social media account, Truth Social.
By limiting larger gains, the Organization of the Petroleum Exporting Countries (OPEC) In a monthly report released this Monday (13), it reduced its forecast for growth in global fuel demand in 2026 to 780 thousand barrels per day (bpd). The previous estimate pointed to an increase of 970 thousand bpd.
This text was translated by machine from Brazilian Portuguese.