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Oil Fired After Attacks by the United States and Israel in Iran - 01/03/2026

Summary by UOL
Barril came to US$ 81.89 in the first session since the offensive in the Middle East
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The oil price rose by 13% this afternoon, after short-term attacks interrupted maritime transport in the region.

The attack by Israel and the United States on Iran has provoked its first and most direct consequence: an immediate escalation in the price of oil. The conflict affects the flow of ships in the Strait of Ormuz, a step of vital importance for world trade that is already straining the cost of crude oil. Within a few hours, Brent’s barrel price has skyrocketed and the trend is upward, according to Pompeu Fabra University’s Professor of Economics an…

The Justice and Freedoms collective calls for a rally on Tuesday, February 3 at 6 p.m. in Kléber Square to denounce the military operation of the United States and Israel in Iran.

On Saturday, 28 February, Donald Trump launched an offensive in Iran. The United States, supported by Israel, carried out strikes in the country. An attack that ignited the entire region, Iran having responded to many other neighbouring countries. Since then, tensions have not come down again, which could have consequences for oil prices, and therefore fuel at the pump. War in Iran: a situation that worsens The strikes carried out jointly by the…

Barril came to US$ 81.89 in the first session since the offensive in the Middle East

·Brazil
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Economicist Philipe Garcia assessed the potential economic impacts, particularly the rise in oil prices, following the attacks of the United States and Israel on Iran.

·Portugal
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Folha de S.Paulo broke the news in São Paulo, Brazil on Sunday, March 1, 2026.
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