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Outlook for WTI. Oil price rallies due to concerns about logistic disruptions
Donald Trump warned of an escalation
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Donald Trump warned of an escalation of military action against Iran, without providing clarity on the resumption of traffic through the Strait of Hormuz. Iranian representative Garibabadi said Tehran will soon begin talks with Oman. Today, on Friday, during the European session the price of West Texas Intermediate (WTI) reached $105.00 per barrel. Over the past week, WTI prices have gained more than 10%, driven by growing concerns about disruptions to crude supplies after renewed threats against Iran by US President
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