Os oil prices fell around 11% this Tuesday (10), a day after reaching their highest levels since 2022, pressured by US President Donald Trump’s prediction that the war with Iran could end soon, which would minimize interruptions in oil supplies.
The futures contracts of Brent closed down 11.28%, to US$ 87.80 per barrel. Now the oil WTIa reference in the American market, fell 11.94%, to US$ 83.45 per barrel.
Prices were even lower at midday after US Energy Secretary Chris Wright wrote on Channel X that the US military had facilitated a shipment of oil out of the Strait of Hormuz.
“President Trump is maintaining global energy stability during military operations against Iran,” Wright posted at 1:02 p.m. local time, before the post appeared to be removed.
“The U.S. Navy has successfully escorted a tanker through the Strait of Hormuz to ensure the flow of oil to global markets continues,” Wright said.
Trump’s Republicans will soon be campaigning to maintain control of the US Congress in November’s midterm elections, with many voters worried about rising energy prices.
*With information from Reuters
