Brent Crude Surges To $123 A Barrel Following Reports Of Extended US Blockade On Iran

The price of Brent crude oil surged to around $123 a barrel early Thursday as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war. Brent crude to be delivered in June jumped 4.1% to $122.88 after briefly soaring past $125 per barrel, and […]

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