"Seems like an endless barrel of gunpowder": oil rises above 90 dollars after new attacks between USA and IranPhoto by karla munoz rosas on Pexels
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"Seems like an endless barrel of gunpowder": oil rises above 90 dollars after new attacks between USA and Iran

CNN Portugal31 August 2026 at 08:29

Oil prices rose above 90 dollars following a new escalation of attacks between the United States and Iran. Crude prices have been increasing significantly due to growing tension between the two countries.

Investors are assessing the risk that new confrontations could affect energy flow through one of the world's main oil transport routes. This situation is generating great concern in international markets.

The region has been compared to an endless barrel of gunpowder, in reference to the persistent instability and the danger of a more serious escalation of the conflict. The situation remains volatile and markets continue to react to news about new attacks.

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