Business • 2026-04-29 12:13

Oil prices surge as Hormuz stand-off persists

Fast facts

  • Category: Business
  • Language: EN
  • Published: 2026-04-29 12:13 UTC
  • Sources: Financial Times, BBC Business

Brent crude oil prices have risen for eight consecutive days due to the ongoing tensions at the Strait of Hormuz. Reuters reports that Brent crude has reached its highest point in two years.

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