Oil prices could race past $150 as ceasefire in ‘difficult phase’

Oil prices could shoot up beyond $150 per barrel if trade flows through the Strait of Hormuz remain disrupted as the US-Iran ceasefire was entering a “difficult phase”.  Research company Kpler said that problems across the Strait could prompt markets to change tune and lead to oil prices jumping higher.  The Brent crude oil price, [...]

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