The price of oil increases on Trump | Financial

Iranian President Rouhani warned Trump with "the mother of all wars" after the sanctions against the producer.

Iran has recently been severely restricted by sanctions in its crude oil exports. The United States wants Iran to withdraw from a number of Middle Eastern countries, such as the war in Syria.

Trump did not warn Iran by tweet of conflict

Brent oil, the best-selling variety, rose 0.7% to $ 73.58 the liter of 159 liters in response to a sharp drop in prices last week. The price of the American WTI remained just below the high level of 70 dollars for a barrel

Revenue

Saudi Arabia was not ready last week to absorb the shortages in the oil market, other than rumors of the market previously believed. In the oil market, a sharp shift has begun and, according to ING Research, traders have opted for longer term futures in WTI oil than for positions similar to Brent for the first time since the beginning of the year. Summer 2015.