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📍 Ukraine (approximate area)
⚔️ Ukraine
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Oil markets spooked as US president appears willing to maintain US Navy blockade and Iran keeps strait of Hormuz all but shut

The price of Brent oil soared above $126 a barrel on Wednesday, its highest level since 2022, after Donald Trump warned the US blockade of Iranian ports could last months and peace talks remained stalled.

Surging more than 13% in 24 hours, Brent crude hit a record price since the war began on 28 February. Not since Russia’s 2022 invasion of Ukraine has Brent topped $120, with the price then peaking at $139.

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📰 Fuente: Guardian War
📅 Fecha: Thu, 30 Apr 2026 06:34:10 GMT
🌍 Ubicación: Ukraine

Article automatically collected from Guardian War.
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