Oil prices jump after the United States strike on Iran fears of disrupting the offer

Future oil contracts jumped more than 2 % at the beginning of the first trade session since the United States launched direct attacks against Iran, as it had a shadow on the forecast of the oil -rich Middle East.

United States crude oil On Sunday evening, $ 1.76, or 2.38 %, rose to $ 75.60 a barrel, while the global standard Brent It rose $ 1.80, or 2.34 %, to $ 78.81 a barrel. Brent had jumped 5.7 % to break $ 81 before dilution.

On Saturday, President Donald Trump surprised the markets by announcing that Washington entered the conflict of Iran and Israel, as it launched attacks against three Iranian nuclear sites in Fordo, Natanz and Estvan.

Investors are now looking to find out how Iran will respond to unprecedented American strikes. The Iranian Foreign Minister said on Sunday that the Islamic Republic “all options” to defend its sovereignty. The initial increase in oil prices may be easy if Iran does not respond, according to the S & P Global Platts.

The worst scenario in the oil market will be an attempt by Iran to close the Strait of Hormuz, according to energy analysts. About 20 million barrels per day of crude, or 20 % of global consumption, flowed across the strait in 2024, according to Energy Information Management.

Iranian government media reported this Support the Iranian parliament closing From the strait, quoting senior legislators. However, the final decision to close the strait lies in the Iranian National Security Council, according to the report.

US Secretary of State Marco Rubio warned Iran against an attempt Closed. Rubio said it would be “economic suicide” of the Islamic Republic because its exports pass through the waterway.

“We keep options to deal with it,” Rubio told Fox News in an interview on Sunday. “The economies of other countries will hurt much worse than our economies. It will be, I think, a great escalation that would deserve to respond, not only by us, but from others.”

Iran produced 3.3 million barrels in May, according to the monthly OPEC oil market report issued in June, which cited independent analyst sources. She exported 1.84 million barrels last day, with the sale of the vast majority to China, According to the data From Kpler.

Rubio called on China to use its influence to prevent Tehran from closing the strait. Almost half of the crude oil imports in China come from the Persian Gulf, for every Kepler.

“I encourage the Chinese government in Beijing to contact them about this, because it relies heavily on the Strait of Hermoz for its adulterers,” said Rubio.

Investors also monitor the possibilities of destabilizing the Iranian regime additionally as a result of American -Israeli counterparts, given an example of the long influence that NATO’s 2011 overthrow from Muammar Gaddafi on Libya supplies.

On Sunday, the Iranian Revolutionary Guards warned that “the American bases in the region are not their strength but their greatest weakness” without specifying certain locations, according to what it said. Comments resulting from Google It was carried by the Iranian News Agency Fares.

Cumulative diplomatic relations can be published among former competitors Iran and Saudi Arabia at the same time, at the same time, the possibility of unrest in providing the largest crude source in the world.

“The Kingdom of Saudi Arabia is following with deep concern about the developments in the Islamic Republic of Iran, especially targeting Iranian nuclear facilities by the United States,” the Saudi Ministry of Foreign Affairs He said Sunday. Raydead, a close ally in the Middle East, restricted his participation in Iranian attacks.

In 2019 – Four years before the resumption of diplomatic relations with Iran – oil installation facilities in Saudi Arabia in Abqaiq and Khurais were damaged during the attacks called by the Houthis, but Ryad and the United States said Iran was responsible. Tehran denied his involvement.

Upon resuming an Israeli -Iranian fire last week, the head of the International Agency for the International Agency, Viva Birol, said that the institution was monitoring developments and that “the markets are being provided well today, but we are ready to act if necessary”, with 1.2 billion barrels of emergency shares ready.