The entire system is already stretched,” Hansen explains. “If Oil accelerates from here, it won’t stay contained within Energy markets. It spreads everywhere.” The Strait of Hormuz Threatens Global Supply At the centre of the current crisis lies the Strait of Hormuz…

Brent Crude Oil Price

Brent Crude Oil

Price: $61.39 per barrel

Currency: USD

Last Updated: 2025-05-03 20:09 UTC

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