Black gold prices fell slightly on Monday, despite an intensification of the conflict between Israel and Iran, as Israeli strikes have not slowed down Tehran's oil exports and the United States has not intervened directly so far.

Around 09:15 GMT (11:15 CET), the price of a barrel of North Sea Brent crude, for delivery in August, lost 0.93% to 73.54 dollars. Its American equivalent, a barrel of West Texas Intermediate, for delivery in July, fell by 0.86% to

US President Donald Trump, an ally of Israel, called on the two belligerent countries to “reach an agreement”, adding that it was “possible” that the United States would be involved in the conflict, but that it was not involved “at this moment”.

“The United States has the power and the will to contain the situation,” said Janiv Shah, an analyst at Rystad Energy.

The fact that the conflict has not yet spread to other countries also favors a wait-and-see attitude on the market.