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Reuters pointed to the rise in the price of Brent oil due to the US strikes on Iran

Reuters: Brent oil rose in price due to US strikes on Iran
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Photo: Global Look Press/Zamir Usmanov
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The price of Brent crude oil rose by more than 2% after the US strikes on Iranian territory increased uncertainty around a possible agreement to end the conflict and unblock the Strait of Hormuz. This was reported by the Reuters news agency on May 26.

"Brent futures rose by $2.36, or 2.5%, to $98.50 per barrel after the United States launched strikes on southern Iran," the material says.

Markets were hoping for a quick peace agreement between Washington and Tehran, but U.S. Secretary of State Marco Rubio said negotiations could take "a few more days." Additional pressure on the market was exerted by Israeli strikes on Hezbollah facilities. Analysts note that investors fear a breakdown in negotiations, despite reports of progress in discussing an agreement between the United States and Iran.

On the same day, the IRGC announced the invasion of an American MQ-9 drone into Iran's airspace in the Persian Gulf region and announced its destruction by air defense systems. Tehran warned that it reserves the legal right to retaliate in case of any new violations by the United States.

A Fox News journalist reported on May 25 that the United States had attacked targets in southern Iran. The US military hit two IRGC boats, as well as the position of an anti-aircraft missile system (SAM) in the port city of Bandar Abbas.

Переведено сервисом «Яндекс Переводчик»

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