Today: February 4, 2026
February 4, 2026
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Oil closes higher due to tensions in Iran this Tuesday

Oil closes higher due to tensions in Iran this Tuesday

The oil prices they went up on Tuesday, after the fall of the previous day, with traders in suspense for the tensions in Iranafter the attack on a US oil tanker off the country’s coast.

“The market is very sensitive to how the situation in Iran evolves,” with a risk premium “which can increase or decrease depending on the news,” he told AFP John Kulduffby Again Capital.

A military spokesman said Thursday that two Iranian vessels armed and a drone approached “at high speed” an American tanker sailing through the Strait of Hormuz “and They threatened to tackle him and seize it.”

  • A American destroyer came in aid of the tanker, with support from the air force.

The maritime passage is essential for the world transit of oil and gas natural liquefied.

After a smooth first half of the session, the Brent barrel price of the North Sea, to delivery in Aprilclosed up 1.57% to $67.33.

The American West Texas Intermediate (WTI), for delivery in marchrose 1.72% to $63.21.

The previous pessimism

The oil prices fell sharply on Monday after the US president, donald trumpclaimed to have hopes of reaching a agreement with Iran over its nuclear program, easing fears of conflict in the oil-rich region.

AFP is a major global information agency that offers fast, proven and complete coverage.

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