Oil prices rise amid a new US escalation against Venezuelan tankers
Oil prices rose today, Monday, after officials said that the United States intercepted an oil tanker in international waters off the coast of Venezuela, raising fears of supply disruptions.
And Brent rose 52 cents (0.86%), reaching $60.99 a barrel by 09:18 GMT. The price of US West Texas Intermediate crude also rose by 50 cents (0.88%), reaching $57.02 per barrel.
Officials told the agency "Reuters" On Sunday, the US Coast Guard was pursuing an oil tanker in international waters near Venezuela, in an operation that would be the second of its kind over the weekend, and the third in less than two weeks if successful.
Analyst Tony Sycamore of the company said "I.G" The recovery of Oil prices have resulted from US President Donald Trump’s announcement of a blockade "Complete and comprehensive" of sanctioned Venezuelan oil tankers and subsequent developments there, followed by reports of a Ukrainian drone airstrike on a Russian Shadow Fleet ship in the Mediterranean.
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