The barrel of Brent, the European benchmark for crude oil, exceeded 75 dollars on Tuesday in session for the first time since April 2019, before falling back, while negotiations on the Iranian nuclear project are rocking. Oil prices are benefiting from the prospects for economic recovery, which are boosting fuel consumption.

Faced with the prospect of economic recovery, oil prices are rising. The barrel of Brent, the European benchmark for crude oil, exceeded 75 dollars on Tuesday morning for the first time since April 2019. In New York, the barrel of WTI for the month of July, of which it was the last trading day, fell 0.81% or 60 cents to $73.06. In Iran, the election of the ultraconservative Ebrahim Raïsi makes negotiations on the Iranian nuclear issue more difficult, while an easing of sanctions would change the balance of the black gold market. North Sea Brent crude for August delivery hit $75.30 around 07:00 GMT, a more than two-year high, before falling slightly (-0.16% to $74.78 around 08:40 GMT, 10:40 a.m. in Paris). The barrel of Brent could even reach 100 dollars next year as demand for travel rebounds, estimates Bank of America Corp.