In a high of over three weeks the prices of crude oil climbed on Thursday, as the Trump government announced a dramatic escalation of economic pressure on Iran, with US Finance Minister Scott Bessend, reporting on the «Harder sanctions in history». Brent's future fulfillment contracts were strengthened by $1.94 or [...]
The prices of crude oil completed Thursday's meeting with a rise of more than 2%, as the attack on a merchant ship near the coast of Oman brought to the fore fears that the complete restoration of energy flows through the Straits of Hormuz may be delayed more than markets expected. Brent closed with [...]
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.
