Dollar opens lower, with focus on oil and conflict between US and Iran

Understand what makes the price of the dollar rise or fall The dollar opened this Monday's session (20) in decline, with a decline of 0.08%, quoted at R$ 5.1071. Ibovespa trading, the main index on the Brazilian stock exchange, begins at 10am. ?? Do you have any reporting suggestions? Send it to g1 ?? With no progress in negotiations between the United States and Iran, concerns about the blockade of the Strait of Hormuz remain at the center of attention. The attacks between the two countries complete their tenth day this Monday (20), raising doubts about the reopening of the strait and its impacts on the global oil supply and, consequently, on global inflation. During the weekend, oil prices reached above US$90. This Monday, however, prices are falling. Around 9 am, a barrel of Brent, an international reference, had fallen 2.12%, quoted at US$86.23. West Texas Intermediate (WTI), from the USA, fell 2.53%, quoted at US$ 80.40 per barrel. See below for more details on the day at the market. ?Dollar

a Accumulated for the week: -0.05%; Accumulated for the month: -1.00%; Accumulated for the year: -6.88%. ?Ibovespa

Accumulated for the week: --2.33%; Accumulated for the month: +0.98%; Accumulated for the year: +7.81%. Escalation of tensions in the Middle East Iran launched bombings against several US bases in the Middle East this Friday (17) after accusing Washington of attacking civilian targets. Countries in the region denounced Iranian attacks. "Last night, the US military took action again, using its bases in Jordan to carry out, according to the statement, a major war crime, attacking civilian targets, including several bridges, residential areas and a water pumping station in Bandar Abbas, in southern Iran," the Iranian Revolutionary Guard said in a statement. Iran's ambassador to the UN, Amir Saeid Iravani, condemned this Friday the US attacks on Iranian civilian infrastructure and again accused Washington of committing war crimes. Earlier this week, US Central Command (Centcom) said it had completed a new round of strikes against targets in Iran. In addition to command centers, the offensive also targeted Iranian air defense positions, missile and drone capabilities, and coastal surveillance facilities. In a statement, Centcom said the attacks aimed to reduce Iran's ability to threaten commercial vessels transiting the Strait of Hormuz, one of the main shipping routes for global oil transport. American forces also reported that they used precision munitions against targets in different locations, including Bandar Abbas. What is the Strait of Hormuz, essential for world oil The escalation of tensions in the Middle East in recent days has once again raised concerns about the world's oil supply, mainly due to limited traffic in the Strait of Hormuz. This Thursday, Iran said the canal was an inviolable "red line" and warned that if Trump carries out his threat to attack Iranian infrastructure, the country would retaliate against all infrastructure in the Gulf region. With the US blockade of the Strait of Hormuz, data from the shipping sector has already shown that fewer ships have been able to cross the strait. No large oil tankers or liquefied natural gas (LNG) tankers were seen. Global stocks In Asia, stocks fell broadly on Friday, with China's benchmark indices posting their biggest weekly loss in more than two years after chipmaker CXMT's initial public offering (IPO) sparked fears of liquidity problems. The CSI 300, which brings together the largest companies listed in Shanghai and Shenzen, fell 3.60%, while the Shanghai composite index, the SSEC, fell 3.05%. Among the other exchanges in the region, Hong Kong's Hang Seng lost 1.78%, while Japan's Nikkei lost 1.78%. Kospi, in South Korea, was closed. *With information from Reuters news agency. Dollar bills. Murad Sezer/Reuters

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