Global oil prices top $83 a barrel, logging biggest jump in 6 years after Trump reimposes Strait of Hormuz blockade
In: War Iran Donald Trump Middle East Oil and Gas Strait of Hormuz U.S. launches another round of Iran strikes U.S. launches another round of strikes on Iran…
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Summary
0m ago Oil prices jump after weekend of fighting over Strait of Hormuz The price of Brent crude, the international standard, gained 4.7% to $79.59 per barrel, while U.S. benchmark crude oil added 4.8% to $74.85 per barrel. Oil prices shot up nearly 5% Monday after the weekend's strikes, with benchmark crude prices nearing $80 a barrel again after plunging briefly to pre-war levels. Oil spikes 9% as U.S. & Iran wrestle for Hormuz control, Trump reinstates blockade.
Furthermore, The week is kicking off with fresh spikes for oil prices after President Donald Trump reimposed the naval blockage on the Strait of Hormuz.
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0m ago Oil prices jump after weekend of fighting over Strait of Hormuz The price of Brent crude, the international standard, gained 4.7% to $79.59 per barrel, while U.S. benchmark crude oil added 4.8% to $74.85 per barrel.
according to CBS News — LatestOil prices shot up nearly 5% Monday after the weekend's strikes, with benchmark crude prices nearing $80 a barrel again after plunging briefly to pre-war levels.
according to CBS News — LatestOil spikes 9% as U.S. & Iran wrestle for Hormuz control, Trump reinstates blockade.
according to Investing.comThe week is kicking off with fresh spikes for oil prices after President Donald Trump reimposed the naval blockage on the Strait of Hormuz
according to MarketWatch +1
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