Brent Oil Outlook: Brent Price Rises on Fresh Tensions in the Middle East
8 Articles
8 Articles
Tensions in the Middle East push oil above $110 per barrel, amid conflicting reports between the United States and Iran.
Brent type oil (the world reference) with maturity in July had a discharge of 5.79% and WTI (the American reference) with scheduled delivery in June rose 4.39%
This climb occurs after the US started this Monday operating military to free the boarding is held in the Strait of Ormuz by the Iranian blockade.
Geopolitics shook the global markets again and the economy of Jalisco was not left out. This Monday, the Strait of Ormuz, one of the most strategic sea passes on the planet, was put back at the center of international tension. While the United States claims to have escorted merchant ships to restore commercial transit, Iran denies any movement and warns of reprisals.This new episode in the Middle East war, begun on February 28, 2026, not only im…
Brent Oil: Brent Price Rises on Fresh Tensions in the Middle East - ActionForex
Brent oil jumped on Monday on raising tensions in the Middle East as the US announced the start of operation to open the Strait of Hormuz while Iran claims hitting one of the US warships that attempted to enter the straight. In the environment of rising tensions, the OPEC+ decided to raise again the output […] The post Brent Oil: Brent Price Rises on Fresh Tensions in the Middle East appeared first on ActionForex.
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