Oil prices rose for the eighth consecutive day this Wednesday and reached their highest level since June 2022. The escalation was driven by geopolitical tensions in the Oriente Médio, with threats from US President Donald Trump to Irã and the departure of Emirados Árabes Unidos from Organização from Países Exportadores from Petróleo (Opep). The scenario keeps investors on alert and reinforces upward pressure on international prices.
The commodity soared after Trump published a montage on social media in which he appears holding a rifle, with explosions in the background, and the message “no more playing nice”. The president also stated that Irã cannot organize itself and that it needs to get “smart soon”. Segundo international media reports, Trump is dissatisfied with the Iranian proposal to end the war and an American response is expected in the coming days.
Brent and WTI mark significant gains
Brent oil, an international reference, reached US$ 119.15 per barrel, an increase of 7.09%. Esse is the highest level since June 10, 2022, when it reached $122.01. Estados Unidos’s West Texas Intermediate (WTI) rose 6.62% to $106.55 at the same time.
The market assessment also considers the departure of Emirados Árabes Unidos from Opep and Opep+, the coalition that brings together the group’s strategic allies. The Emirados decision amplifies discussions about the organization’s ability to maintain stability in global prices.
- Brent: $119.15 per barrel (up 7.09%)
- WTI: US$106.55 (up 6.62%)
- Maior level of Brent in almost four years
- Oitavo day followed by highs
- Referência to Petrobras to Brasil
Negociações between USA and Irã in stalemate
Peace negotiations between Estados Unidos and Irã remain stuck, which intensifies the climate of uncertainty in energy markets. Trump demonstrated public dissatisfaction with Iranian proposals to end the conflict, signaling possible tougher actions in the coming days.
Irã, in turn, hardened its stance. Segundo information, the country stated that it will only allow commercial ships to pass through Estreito of Ormuz again after the definitive end of the war with Estados Unidos and Israel. The resumption of traffic will also depend on compliance with security protocols defined by Teerã.
Impacto in refineries and Brazilian consumers
Brent is the leading crude oil classification for the European and Asian markets. Petrobras uses this reference to define fuel prices in the domestic market, which means that international increases tend to be reflected in Brazilian gasoline and diesel pumps.
Extraído mainly in Mar of Norte, Brent is classified as “light” and “sweet” due to its low density and low sulfur content. Essas features facilitate gasoline and diesel refining, making it the preferred reference for global refining operations.
The price advance this Wednesday gained strength in the morning, shortly after the US president’s statements. Investidores began to reprice its assets as geopolitical tension increased. The movement reflects the sensitivity of the energy market to international security issues and conflicts involving great powers.