Energy Markets Rattle: Oil Prices Surge 3% Amid Hormuz Crisis
SINGAPORE — Global oil prices witnessed another aggressive surge on Tuesday morning as the geopolitical standoff in the Middle East intensified, fueling fears of a prolonged blockade in the Strait of Hormuz. Brent crude, the international benchmark, jumped nearly 3% to cross the $103 per barrel mark, while US West Texas Intermediate (WTI) followed suit, … Continue reading Energy Markets Rattle: Oil Prices Surge 3% Amid Hormuz Crisis
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