This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
On Monday, US President Donald Trump called for an immediate increase in American oil production, following high gross levels at the highest levels in five months, following air strikes launched by the United States on Iranian targets.
Trump stressed in an article on the “social social” platform, the need to move quickly, saying: “At the Ministry of Energy: Dig, Comrades, Dig !!! I mean now !!! “, Adding a letter written in big letters:” I ask everyone to maintain the low oil prices, so I look at you! You play in the hands of the enemy, don’t do that. »»
Trump’s comments occurred in the middle of strong fluctuations in the world oil markets, where Brent Brude, the world standard, opened a barrel to $ 81.40 before dropping by 1% in the afternoon. As for the American West Texas, it increased by 4.6% to $ 78.40, before decreasing to $ 73.58, a decrease of 0.4%.
The American Minister of Energy, Chris Wright, responded to Trump’s invitation, saying on the X platform: “We are on this subject! »»
This escalation occurs at a time when the tension is laid out in the Gulf region, after the Americans struck Iran, while the Iranian media circulated the invitations of activists to close the Hormuz Strait, the vital maritime corridor through which it crosses approximately a quarter of the world oil trade transported by the sea. Nevertheless, the oil supplies of the Middle East affected.
It should be noted that world oil prices have increased by almost 10% since the sudden Israeli attack on Iran ten days ago, but it is still lower than the levels recorded at the start of the year.
Standard & Poor’s Global Community Insights analysts believe that the pursuit of this height will depend on the Iranian reaction, whether through direct attacks or through allied militias, in addition to the possibility of targeting energy or load infrastructure in the Strait. Analysts have confirmed that all attacks on oil shipping via HORMUZ can result in an immediate increase in energy prices.
In a note reported by the Financial Times, analyst James Bambino and Richard Josewick asked questions about the future of the situation, noting that Iranian oil exports can be suspended or the climbing of maritime tension. Despite this potential scenario, they have confirmed that the market will remain equipped with a sufficient oil offer, as long as the Hormuz Strait is open, thanks to current oil stocks and the increase in OPEC Plus production.
.Hibawts {display: inine-flex; Align-Eeetems: Center; Justification-contained: Center; Background color: # 25D366; padding: .5rem 1.25rem; Police size: 1st; Link-Height: 1.5rem; Police-point: 500; -Tw-tox-opacity: 1; Transition time:. 7s; Transition timing funiating: Cubic-Bezier (. 4.0, 2.1); Width: 49%; } .HIBAWTS SPAN {Color: #FFFFFS; } Padding: 10px; Border-Radius: 10px; Color: #FFF; Police: Bold; Display: inheritance; Marge pot: 5px; } Padding: 10px; Border-Radius: 10px; Color: #FFF; Police: Bold; Display: inheritance; Marge pot: 5px; } Padding: 10px; Border-Radius: 10px; Color: #FFF; Police: Bold; Display: inheritance; } Width: 3rd; Height: 2m; ADIGNE VERTICAL: Middle; Display: online block; Marge: Var (-google -News-icon-Margin); } URL (“https://ar.hibapress.com/wp-constrent background-size: auto; background-size: 2m 2em;} url (” https://ar.hibapress.com/wp-constrent-same-size; heba press on Whatsapp.
