The price of a barrel of Brent oil hovered around one hundred dollars again on Friday. A small spike was seen in oil on Thursday night after the armed forces of the United States and Iran fired shots at each other.
The United Arab Emirates’ Ministry of Defense announced that the country’s air defense had repelled a missile and drone attack from Iran on Friday. Iran’s top military leadership, on the other hand, claimed that the United States had carried out several airstrikes.
President of the United States Donald Trump’s according to which the ceasefire is still valid despite the shots fired.
According to Iranian media, on Friday, Iran took over the Ocean Koi oil tanker sailing under the flag of Barbados. According to media reports, the takeover was justified by “disruption of oil shipments and the interests of the Iranian state”.
Brent crude oil cost a little over $100 per barrel in the afternoon. The price of WTI crude oil was slightly below 95 dollars per barrel.
A bullish opening is expected for Wall Street. At the time of review, the flagship index Dow Jones futures were up 0.2 percent, the S&P 500 index futures were up 0.4 percent, and the technology-focused Nasdaq futures were up 0.6 percent.
In Britain, interest rates are rising after the election
Interest rates on government bonds were falling in the United States on Friday.
The interest rate on the US ten-year government bond was 1.7 percentage points lower at 4.369 percent. The interest rate on the country’s two-year government bond decreased by 1.4 percentage points to 3.897 percent.
In Germany, the interest rate on the ten-year government bond rose by 0.6 percentage points to 3.006 percent. In Germany, the interest rate on the two-year government bond was 0.6 percentage points lower at 2.585 percent.
In Britain, the interest rate on the ten-year government bond increased by 5.5 percentage points to 4.896 percent after the country’s regional and local elections.
The twelve-month euribor, commonly used as the reference interest rate for Finnish mortgages, fell to 2.795% on Thursday from 2.867% on Wednesday.
Among the shorter interest rates, the six-month euribor fell to 2.522% from 2.556%. The three-month euribor rose to 2.248% from 2.240%.
At 14:00, one euro fetched 1.1771 dollars, 184.45 yen, 0.8645 pounds and 10.831 Swedish kronor. The dollar was 156.70 yen and the pound was 1.3616 dollars.