April 29, 2026 7:34 PM
188
Crude Oil Prices Surge Nearly 3% Amid Reports of Extended US Blockade on Iranian Ports
Global crude oil prices jumped around three per cent today on reports that the US will extend its blockade of Iranian ports, prolonging supply disruptions from a key oil-producing region. Brent crude was trading 2.8 per cent up at 114 US dollars and 39 cents per barrel, while West Texas Intermediate...