May 01, 2026
Crude Oil Surges Past $111 as Iran Standoff Shuts Key Shipping Lane
Oil prices surge above $111/barrel as U.S.-Iran conflict keeps Strait of Hormuz closed. ConocoPhillips warns of critical supply shortages starting June 2026.
The post Crude Oil Surges Past $111 as Iran Standoff Shuts Key Shipping Lane appeared first on Blockonomi.
Source: Blockonomi →Related News
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