Business
Oil Prices Surge Amid Strait of Hormuz Tensions
Brent crude oil prices surged above $76 a barrel for the first time in two weeks, driven by renewed violence in the Strait of Hormuz. The escalation threatens global energy markets.
Coverage timeline — 4 articles
Al Jazeera
Jump in prices comes as Donald Trump says vessels will need permission of US Navy to transit key waterway.
2026-04-24 02:50 UTC
Axios
Oil prices remained well north of $100 per barrel after markets opened Sunday, with the Iran war moving into its fourth week.Why it matters: The price suggests that traders don't see a near-term end to the conf
2026-03-22 23:03 UTC
Al Jazeera
Brent crude rises nearly 6 percent as soaring tensions in waterway push ceasefire to the brink.
2026-05-05 03:23 UTC
Al Jazeera
Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.
2026-07-08 04:02 UTC