Oil Prices Rise Above $120 Amid Iran Blockade Tensions

Oil prices rise above $120 due to Iran blockade crisis

Oil prices rise above $120 as tensions around Strait of Hormuz disrupt global supply. Markets react fast, raising fuel costs and increasing fears of economic pressure worldwide. Market shock deepens The global energy market is facing fresh pressure as Brent Crude Oil crosses a key level. Investors are reacting quickly, pushing prices higher due to … Read more