A barrel of Brent oil for delivery in May soars more than 10% today, approaching $120, affected by increased tensions in the Middle East following attacks on gas installations.
At 09:45 (Lisbon time), according to Bloomberg data collected by EFE, the price of Brent rose 10.79%, to 119.05 dollars.
In turn, West Texas Intermediate (WTI) oil, the reference in the United States, also rose, although with less intensity, having advanced 3.29%, to 99.49 dollars, before the official opening of the market.
Likewise, the price of natural gas for delivery in one month on the TTF (Title Transfer Facility) market in the Netherlands, a reference in Europe, also shot up 25.5%, to 68.6 euros per megawatt-hour (MWh).
On Wednesday, Israel and the US attacked Iranian gas facilities, including the South Pars natural gas field in the Persian Gulf.
Iran responded with attacks on Qatar and the United Arab Emirates.
United States President Donald Trump assured that he had no prior knowledge of the attack.
In this context, the High Representative of the European Union (EU) for Foreign Affairs and Security, Kaja Kallas, confirmed that she maintains diplomatic contacts with Iran to seek “different solutions” to the conflict and avoid further escalation in the region.
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