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The prices of oil rose yesterday, in a market that once again believes in an Israeli response against Iran due to the missile attack carried out by Tehran the first of October.
The price of a barrel of oil Israel generates tension over oil”>North Sea Brent for delivery in December it gained 1.68% to $74.29.
The barrel of West Texas Intermediate (WTI) for delivery in November while it gained 1.94% to $70.56.
“It is a new day of concern about the situation in Middle East… and (the market) tries to gauge the different reactions,” he said. John Kilduff, de Again Capital.
On Saturday, the Israeli Prime Minister, Benjamin Netanyahu, accused the Lebanese pro-Iran movement Hezbollah of having tried to murder him, after his private residence was the target of a drone in his absence.
Hezbollah did not claim responsibility for the shooting but the Iranian mission to the HIM He claimed that the Lebanese movement was behind the attack.
On Sunday, the Lebanese national information agency reported several airstrikes by Israel in the southern suburbs of Beirut and in eastern Lebanon against subsidiaries of a financial entity linked to Hezbollah.
These developments rekindle fears that the crisis in the Middle East will grow and the war will expand with an Israeli response to Iran’s attack, potentially on Iranian oil facilities.
“This situation is worrying for the oil market and continues, to a certain extent, to support prices. “The risk of the situation becoming uncontrollable persists,” he analyzed. Kilduff.
The rise in crude oil continues, contained by a demand considered insufficient for China.