The price of the main reference mixes also skyrocketed. Brent crude closed this Tuesday at 129.27 dollars per barrel and WTI – the main reference for Mexican crude – at 123.7 dollars per barrel.
This Tuesday, the increase in the international price of crude oil occurred after the United States announced a ban on imports of crude oil and hydrocarbons of Russian origin. This decision shook the markets, despite the fact that Russian oil imports represent only 10% of total US crude oil imports.
In a coordinated move, as part of joint Western pressure on Russia, Britain has also announced it will gradually stop buying Russian oil.