Oil has risen this Thursday as Increases tension between Israel and Iranand without losing sight of the role that the United States can play in this conflict, after the president Donald Trump gave a «final ultimatum» to the Persian country.
The barrel West Texas, reference in the US, has advanced 0.88%, up to $ 75,80while the quality Brent, Reference in Europe, it has earned 2.66% and has been $ 78,74.
David MorrisonSenior Market Analyst of FCA, says that «this trend was driven by the persistent geopolitical uncertainty in the Middle East, especially because It is not clear if the hostilities between Israel and Iran will intensify «. «The key is in If President Trump intensifies the pressure involving the United States in Israeli actions to definitely destroy Iran's nuclear facilities. Yesterday, Trump said he had not decided what to do and that he did not rule out any option, «he adds. However, Morrison recalls that Trump» also said that Tehran had tried to resume negotiations on the country's nuclear ambitions«, so» there is the possibility that tensions are reduced, at least in the short term. «» If they will return to the negotiating table, will do it with a very weakened position. However, this does not guarantee that they will end their uranium enrichment program at military levels, regardless of their promises, «he adds. Facing the future, he points out that,» due to the risk premium that current necessary to reduce tensions from current levels before operators can focus on the underlying dynamics of supply and demand. » Kathleen BrooksXTB research director, believes that «It seems that it's just a matter of time before the Brent reaches $ 80and it could further shoot if the US attacks Iran's nuclear facilities. «