Oil prices rise nearly 1% as US enters Israel-Iran war

The opening of markets this Monday is being marked by the rise in oil of almost 1% influenced by the entry of the United States into the war between Israel and Iran .

This Monday, Brent rose 0.85% to 76.12 dollars and crude rose 0.92% to 74.52 dollars.

Natural gas is up 1% while gold is down 0.51% to $3,368.37.

It should be remembered that the United States entered the war between Israel and Iran this weekend, which involved an attack on several Iranian nuclear facilities.

It should be noted that the Tehran parliament has already recommended closing the Strait of Hormuz, which, if implemented, could put pressure on oil prices, given that 20% of the world's oil passes through this location.

With the escalation of the conflict between Israel and Iran, and the entry of the United States into this war, France, Germany, and the United Kingdom have already called for restraint on Iran, and the President of the Portuguese Republic has also called for restraint and highlighted the importance of returning to diplomatic channels. The Portuguese Prime Minister has warned of the “serious escalation” of the conflict and has also called for restraint.