Oil Prices Rise After Attacks in the Strait of Hormuz

International oil prices registered an increase following recent attacks on commercial vessels in the Strait of Hormuz, one of the most strategic maritime corridors for global hydrocarbon transport. The rebound reflects growing market concern over navigation safety and the stability of international energy supply amidst tensions in the Middle East.

Brent crude closed with a 3.01% increase, while West Texas Intermediate rose by 2.76%. According to the British agency UKMTO, three incidents against vessels were reported in the area in the last 24 hours, rekindling uncertainty about the flow of maritime energy trade and the progress of negotiations between the United States and Iran.

Disruptions in strategic maritime corridors like the Strait of Hormuz highlight the close relationship between navigation safety and the stability of international markets. The continuity of maritime hydrocarbon trade is fundamental to preserving energy supply, reducing the volatility of logistical costs, and maintaining the efficiency of global supply chains.