Oil soars again with US attack on Iran and more threats from Trump

Oil prices have been rising again since the weekend, with the return of US attacks on Iran. After dropping to close to US$ 70 at the end of June, with the memorandum of understanding signed between the two countries for a possible end to the conflict, the Brent barrel once again surpassed US$ 80. And with new threats from the president of the United States, Donald Trump, it approached US$ 90 on Tuesday (14/7), but gave way after another decline in the “Agent Orange”.

As if ordering new attacks on Iranian territory was not enough, Trump announced that the US would charge a 20% “toll” on products transported through the Strait of Hormuz, reports CNN Brasil. It was enough to cause a stir in the international oil market and the happiness of speculators, with a barrel of Brent reaching US$87.

But “Agent Orange” gave up on the “toll”, according to Valor. In exchange, he replaced the charge with “trade and investment agreements that the various Gulf countries will make in the United States,” Trump said on his social network. How long this will be valid is unknown.

However, Trump's new retreat calmed tempers a little. Brent closed the session at US$84.73 per barrel, an increase of 1.72%. WTI, the US reference, rose 1.54%, to US$79.34 per barrel, details Valor.

If he went back on the toll, “Agent Orange” maintained the decision to block Hormuz, which Iran also announced it was doing. The US naval blockade targets vessels in transit to and from Iranian ports and coastal areas. The US command reported that, currently, there are more than 20 warships in the country's Navy and hundreds of military aircraft operating throughout the Middle East, reports UOL.

Vero Notícias, CBN, UOL, Estadão, Valor and Estadão also reported the rise in oil prices with the new comings and goings of Trump and the war in the Middle East.

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