The increase is that oil supply is dangerous not only from Iran, but also from a significant part of the Middle East region.
Oil prices in the world are growing on Wednesday against the rear of a possible increase in the Middle East. This is proven by the results of the trading on May 21.
Thus, July futures in various Brents are valued at the Ice Futuras London Exchange for $ 1.05 (1.61%) up to $ 66.43 per barrel. On Tuesday, Brent fell $ 0.16 (0.2%), up to $ 65.38 per barrel.
July futures of various WTIs increased to $ 1.07 (1.72%), up to $ 63.1 per barrel, at $ 1.07 (1.72%). These contracts completed the previous session at $ 62.03 per barrel.
Earlier, CNN reported that there was a reference to American officials that American intelligence had Israel information on Iran’s nuclear facilities.
Iran can take steps in response by blocking the movement of oil tanks through the Ormuzian Strait of the Persian Gulf, where Saudi Arabia, Kuwait, Iraq and the UAE and gasoline export oil.
Remember that Iran said they were willing to sign a nuclear agreement with US president Donald Trump in exchange for eliminating economic penalties.
Tehran said he would continue to enrich “with or without agreement”
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.