Oil prices saw a moderate rise on Thursday, driven by renewed optimism linked to diplomatic signals in the Middle East, notably the Israeli Prime Minister's call for direct negotiations with Lebanon. This development comes on the second day of the ceasefire between the United States and Iran, which is still surrounded by uncertainties.

After briefly crossing the symbolic $100 mark during the session, the West Texas Intermediate (WTI) barrel for May delivery ultimately closed at $97.87, up 3.67%. Meanwhile, North Sea Brent for June delivery closed up 1.24% at $95.92.

This rebound follows a significant drop in prices the previous day, triggered by the announcement of the truce between Washington and Tehran. However, investors remain cautious in the face of information deemed still unclear and sometimes contradictory.

Tensions indeed remain palpable. Israeli military operations in Lebanon continue to raise concerns within the international community, which fears a challenge to the ceasefire. Nevertheless, the announcement of direct talks between Israel and Lebanon temporarily reassured markets, without fully dispelling doubts.

Furthermore, a first non-Iranian oil tanker has crossed the Strait of Hormuz since the truce came into effect, a signal considered encouraging for global energy flows. A few vessels had already used this strategic passage on Wednesday, but traffic remains significantly below its usual level.

This situation continues to limit the export capacities of Gulf countries, contributing to sustained upward pressure on prices. In parallel, Iranian authorities are imposing strict measures on vessels transiting the strait, forcing them to hug their coastlines and pay transit fees, while also citing risks related to the potential presence of mines.