Prices of crude oil were launched Wednesday, with Brent over $100 a barrel, reaching $101.91, while West Texas Intermediate closed at $92.96, with an increase of over 3%. The increase was caused by the occupation of two container transport ships by the Guards of the Iran Revolution in the Straits of Hormuz. Despite the extension of the truce by Donald Trump, oil flows remain intermittent and the US retain Iran's naval blockade, as peace talks collapsed.