Oil rises amid Middle East tension

Understand what makes the price of the dollar rise or fall The market reacts to the new escalation of tensions in the Middle East. This Thursday (9), the United States and Iran announced new attacks for the second day in a row, amid the dispute over control of navigation conditions in the Strait of Hormuz. The maritime passage is one of the main oil and natural gas transport routes in the world and, therefore, is usually one of the main sources of tension in the region. At around 9 am, the barrel of Brent oil was up 0.58%, at US$78.52. WTI also rose 0.34%, to US$73.76. ?? Do you have any reporting suggestions? Send to g1 On Wednesday night (8), US Central Command forces carried out a new round of attacks against Iran, with the aim of reducing the country's ability to attack commercial ships and civilian sailors in the Strait of Hormuz. The military action hit around 90 strategic targets along the Iranian coast. Among the structures destroyed or damaged are air defense systems, coastal surveillance assets, missile and drone storage sites, naval capabilities and military logistics infrastructure. What is the Strait of Hormuz, essential for global oil? See below what the market day was like on Wednesday (8). ?Dollar