Physical oil hits fresh record high near $150 a barrel as Hormuz crisis worsens - Reuters
Physical oil hits fresh record high near $150 a barrel as Hormuz crisis worsens Reuters
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<a href="https://news.google.com/rss/articles/CBMixAFBVV95cUxQN3dzcVNuSUx3RDE5NGJyZUhvV2dhMmZaMHFrenExLVlaR1lWYmNxb1BrNlp1RHZhRUQ5dTBzME5pUWp0OEw5eUJSOURGZWM1MU1nNHBhcXZNTzhPVWk3emJCLTdYdlFwVDZFSzBIN0VHSHozeHhaa1R5S3FPZEEwOTVqWVQ5VjlTUnJUQ0k1alhROG0zWkJCUlNObjFQbGdsczFhYU90T2RpZ0kzdEpfd21uT0IxM1hVWEpJZV9XaUtGaFNa?oc=5" target="_blank">Physical oil hits fresh record high near $150 a barrel as Hormuz crisis worsens</a> <font color="#6f6f6f">Reuters</font>
European crude prices have surged to nearly $150 per barrel amid escalating tensions in the Strait of Hormuz, with the U.S. Navy preparing to blockade Iranian maritime traffic.
The price of North Sea Forties crude has reached a record high of $148.87, driven by supply disruptions following the U.S. announcement to blockade the Strait of Hormuz.
Oil prices surged over $100 per barrel after President Trump ordered the U.S. Navy to blockade the Strait of Hormuz, following failed ceasefire talks with Iran.

Global energy stocks rose as oil prices rebounded above $100 per barrel, driven by concerns over the U.S. Navy's blockade of the Strait of Hormuz amid escalating tensions with Iran.
Oil prices have surged past $100 a barrel as the U.S. Navy moves to block Iranian access via the Strait of Hormuz, following failed peace talks with Iran.
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