Santo Domingo.– International oil markets reacted with moderate optimism to the imminent reopening of the Strait of Hormuz, one of the most important maritime corridors for global energy trade, following the signing of a peace agreement that puts an end to more than three months of tensions and clashes in the Middle East.
The maritime passage, considered strategic for the global transport of hydrocarbons, channels approximately one-fifth of the oil traded worldwide. Its partial closure and threats to navigation during the conflict generated concern among governments, companies, and analysts, due to the potential impact on energy prices and international inflation.
With the gradual normalization of operations in the area, the market has begun to reflect greater confidence in the restoration of supply. This Thursday, Brent crude, the benchmark for Europe and much of the international markets, closed at 79.55 dollars per barrel, maintaining a downward trend that has strengthened throughout the week.
Although crude oil experienced significant increases during the months of uncertainty, prices have retreated following the news of diplomatic progress and the subsequent signing of the peace agreement. Investors believe that the reopening of the strait will contribute to reducing the risks of disruptions in energy supply chains.
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Experts point out that the stabilization of oil prices could have positive effects on the global economy, especially in sectors linked to transportation, industrial production, and trade. Likewise, less pressure on energy costs could help contain inflation in numerous countries.
Maritime and energy authorities maintain surveillance in the region to ensure the safety of trade routes, while major economies closely monitor market developments and
