Middle East|Israel is believed to be retaliating against Iran’s missile strikes on Tuesday.
Crude oil the price went up again on Thursday, when the market became worried about the tightening of the situation in the Middle East.
The US reference quality WTI was at its highest with an increase of up to five percent and reached 73 dollars per barrel. The futures of the European reference quality, i.e. North Sea Brent oil, rose by a maximum of four percent, trading at a price of almost 77 dollars per barrel.
Price curve turned up the President of the United States Joe Biden of the comments. Biden was asked if the United States would support an Israeli strike against Iran’s oil production, and the president replied that the matter would be discussed.
Damage to Iran’s oil production could take up to 1.5 million barrels per day off the market, Citigroup analyst news agency estimates Bloomberg’s by.
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