WTI

The US-led coalition's airstrikes against the Houthis in Yemen have been effective in increasing oil prices. In addition to the attacks in the Red Sea, Iran's seizure of a commercial ship yesterday increased tensions. Developments in the region and the course of European and US stock markets can be followed during the day. As long as prices remain above the 72.50-73.00 support in the upcoming period, an upward outlook may be at the forefront. In possible increases, 74.00 and 74.50 levels can be targeted. In possible decreases, the 72.50-73.00 support attitude can be followed. A break of this support and hourly closings in the region may bring the 72.00 and 71.50 levels to the agenda. Support: 72.50 Resistance: 74.50