New York.- The West Texas Intermediate (WTI) continued to rise this Friday with an increase of 2.55%, to $96.89 a barrel, after two Chinese ships were prevented from transiting the Strait of Hormuz, through which a fifth of the world’s supply of oil and natural gas flows, indicating that Iran continues to block traffic through this vital maritime route.
At 9:00 local time (13:00 GMT), WTI futures contracts, the crude oil used as a benchmark in the U.S., added 2.41 dollars compared to the previous day’s close.
Yesterday, black gold rose 4.6% after the United States and Iran offered different versions about the alleged negotiations to end the war in the Middle East, which only reflect a blockage of them, and the new attacks by Israel against the Iranian leadership.You may be interested in: Iran warns that ships crossing Ormuz «will face serious consequences»
The President of the United States, Donald Trump, announced on Thursday that he is extending until Monday, April 6, the ultimatum for Iran to reopen the Strait of Hormuz or he will destroy its power plants. The Republican leader informed through his Truth Social network that, “at the request of the Iranian Government”, he has decided to extend the deadline 10 more days, which will expire on April 6 at 8:00 p.m. Washington time (00:00 GMT on April 7).
