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The price of Texas oil (WTI) surpassed $100 per barrel for the first time since 2022, marking a new point of pressure in international energy markets.
According to a report from Bloomberg Línea, U.S. crude closed above that threshold, driven by factors such as supply constraints and geopolitical tensions impacting global supply.
The rise in oil prices has direct implications for transportation, production, and consumption costs, which could lead to inflationary pressures in various economies.
Experts note that this market behavior is also a response to expectations of sustained demand and a reduction in inventories, in a context of uncertainty regarding the stability of energy supply.
The rise in crude oil prices could particularly impact countries dependent on fuel imports, such as Cuba, where the energy crisis has already caused prolonged blackouts and transportation difficulties.
This new increase in oil prices occurs against a global backdrop characterized by adjustments in production and shifts in the dynamics of the energy market, which keep international prices volatile.
At the beginning of the month, the prices of oil and natural gas saw significant increases due to fears at the time of a prolonged escalation of the conflict in the Middle East, following Israeli and U.S. attacks on Iran and Tehran's retaliations.
The tensions led to the shutdown of energy facilities in the region and the partial interruption of maritime transport in the Strait of Hormuz, a strategic route through which approximately 20% of the world's oil and gas flows.
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