Demand for oil continues to push quotations upwards, but a local resistance zone has emerged in the area of $74. The price growth is associated with fears of supply disruptions through the Strait of Hormuz. Iran is the third OPEC member in terms of production, but analysts note that even in case of complete loss of Iranian supplies they can be compensated by other OPEC+ countries. The geopolitical premium in the price of oil is estimated at $5-10 per barrel.Today, markets will await the publication of the Fed's rate decision and subsequent comments from the Regulator. Trading participants hope for clarification of the situation regarding the future policy of the Federal Reserve System against the background of risks to global growth and inflation.