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  3. Crude Oil Surges Past $111 as Iran Standoff Shuts Key Shipping Lane
1 day ago

Crude Oil Surges Past $111 as Iran Standoff Shuts Key Shipping Lane

NewsStocks

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 →

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