With the ceasefire in the conflict between Israel and Iran, oil prices are still falling. On Monday (23), the values closed below $ 70. Already this Tuesday (24), the barrel of WTI, New York, United States, is around $ 65. Brent, a reference in Brazil and negotiated in London, England, is around US $ 67.
Oil fall is important as it influences fuel prices. In the second, diesel had a significant high forecast, with a difference of almost $ 0.40 between the price in Brazil and abroad.
For now, the pressure on increased inflation is discarded. In the current scenario of the conflict, the risk of a more aggressive action in Iran is seen as unlikely, as Iranians have little support from consistent allies to give a stronger response, which would be the closure of the Strait of Ormuz, a route of 20% of world oil, or destroying oil fields in the Middle East.
