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La llegada de diésel ruso frena la escalada del crudo impulsada por los ataques hutíes

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La llegada de diésel ruso frena la escalada del crudo impulsada por los ataques hutíes

The recent surge in Russian diesel oil into the market has helped curb the crude oil price rally driven by Houthi attacks on Saudi energy facilities. On Friday, the oil jumped to a high of $112 per barrel, the highest since May, as the conflict in Yemen escalated. However, just hours later, the crude oil price retreated significantly.

Analysts attribute this reversal to the influx of Russian diesel oil following the lifting of US sanctions. Brent crude, which had risen 3% to around $112, ended the day at $108-109. Nonetheless, oil has lifted by over 50% since August, before the final phase of the Iran war and the new blockade of the Ormuz Strait. Russian oil and especially Russian gasoline were the star performers of the day, exceeding analysts' expectations.

Russia, the world's second-largest oil producer and third-largest refining capacity, is a crucial player in the market. Trump's decision to lift the sanctions was widely supported by both parties in Congress. In response, Russia resumed shipments to key destinations, including Turkey, Brazil, and Morocco. The normalization of trade flows is expected to help contain inflation and revitalize the US economy, albeit at the cost of supporting Russia's military efforts in Ukraine and its finances.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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