Brent Oil Surges as Middle East War Paralyzes Hormuz Traffic

Brent crude futures hit $90 a barrel for the first time in almost two years as the war in the Middle East unleashed a wave of disruption across energy markets, with shipping through the Strait of Hormuz at a near-total halt. The global benchmark added as much as 7.6%, while West Texas Intermediate t...

Redirecting to full article...