Oil Rises to $74 After Hormuz Tanker Attacks
22 Articles
22 Articles
Doubts in the negotiations to definitively end the conflict in Middle East, following Iranian attacks on commercial ships in the Strait of Ormuz, returned oil prices upward.
The Ibex 35 has started this Wednesday's session with a drop of 0.65%, which has led him to dye almost completely red and lose the 19,600 points, standing at 19,512.1 integers, again pending the evolution of the situation in the Middle East, again tense. However, ... Continue reading "The Ibex sinks after the oil shot: the fear of an escalation in Ormuz dyes ‘red’ to selective"
US vs. Iran: The US and Iran have once again come face to face. Attacks by both countries in the Hormuz region have sent crude oil prices soaring, and Asian stock markets have been rattled.
Oil prices closed up this Tuesday after three attacks on ships in the Strait of Ormuz, a key maritime passage for world oil trade, were recorded in 24 hours. Brent's barrel price for delivery in September rose by 3.01%, to $74.16. Its US equivalent, West Texas Intermediate barrel for delivery in August rose by 2.76%, to $70.44. "The market is so downward-oriented that a few headlines are enough to turn it around," says AFP Stephen Schork, from T…
A tanker is being attacked in the Middle East - the North Sea crude oil variety Brent and the US light oil WTI are increasing their price by more than three percent. Meanwhile, investors are increasingly doubting the AI boom.
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