Oil prices rise by more than 4 % to escalate Iranian tensions

The future contracts for US crude oil increased more than 4 % on Wednesday with the escalation of tensions between the United States and Iran, with President Donald Trump’s expression of doubt that the two countries will reach a nuclear deal.

Brent Raw futures increased $ 2.90, or 4.3 %, to close them at $ 69.77 a barrel. we West Texas Medium The crude gained $ 3.17, or 4.9 %, for a settlement at $ 68.15.

The United States is preparing a partial evacuation of its embassy in Iraq due to an increase in security risks in the region, The sources told Reuters. The American army authorized the “voluntary departure” of the two forces from the Middle East because of the high tensions with Iran, The sources told the Associated Press.

During, Maritime trade operations in the United Kingdom,, The Royal Navy Unit, which exchanged information between the two travelers and the military forces, warned against increasing tensions in the area that could lead to the “escalation of military activity”.

Trump said he loses confidence that the United States and Iran can reach a deal on the nuclear program of the Islamic Republic that would avoid war in the region.

Trump told “Trump” New York Post In a story published early on Wednesday. “Something happened to them, but I am less confident than holding a deal.”

Trump Post told Iran not to get a nuclear weapon, “but it would be better to do this without war, without people dying.”

“But I do not think I see the same level of enthusiasm to conclude a deal.” “I think they will make a mistake, but we’ll see. I think the time will tell him.”

Meanwhile, the Iranian Defense Minister warned that the American bases in the region are within the reach of the Islamic army, according to the state Islamic Republic News Agency. Brigadier Aziz Nasserzad said that Tehran would not hesitate to target all American bases in the region.