The price of Brent crude oil has surpassed the $105 barrier
Before the US and Israel attack on Iran, the barrel of oil was worth $72. Aliados do not help reopen the Strait of Hormuz, NATO has warned of a "bad future."
The price of refractory Brent oil in Europehas risen by more than 2% at 08:22 this Monday and has traded above $105 in Europe before the stock exchanges opened, well above the $72 barrier that the US and Israel had before attacking Iran.
On the other hand, the benchmark West Texas Intermediate (WTI) oil barrel in the U.S. has risen 1.7% to $98.57 per barrel.
This Monday, Brenta's price was above $106, but then it went down to $105. However, it's very close to $106.
U.S. President Donald Trumpwarned on Sunday that the North Atlantic Treaty Organization (NATO) will face a "very bad future" if its allies do not help reopen the Strait of Hormuz, a strategic focus of international oil trade blocked by the Iranian Army in response to the February 28 offensive by Washington and Israel against Iran.
"It is logical for those who profit from the strait to help ensure that nothing bad happens there," the US president said in an interview with the British newspaper 'Financial Times'. For all these reasons, if there are no "answers" or if the answer is "negative," the future of NATO will be "very bad. "
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