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Commodities Advance in Ny with Impasse on Strait of Ormuz
Summary by CNN Brasil
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On the New York Stock Exchange, on Monday (20), the coffee contracts due for July advance 1.23% in the closing of the pregón, negotiated at US$ 2,8775 per pound-weight. Prices reacted after Iran announced the closing of the Strait of Ormuz. The response to the US refusal to suspend the naval blockade against Iranian vessels causes more uncertainty about the flow on the sea route. According to the specialized site Barchart, the closing of the Str…
·Brazil
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Several commercial ships reported having been instructed by the IRGC Navy not to proceed with their passage.
·Portugal
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