Brent Crude Hits $110.37, Up 2% on Strait of Hormuz Tensions
International oil benchmark climbs to $110.37 per barrel as geopolitical risk tightens supply. What the move means for diesel costs and small-fleet fuel bills.
#Strait Of Hormuz
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Oil Hits Highest Price Since June 2022 as Hormuz Conflict Drags On
Crude surge driven by U.S.-Iran standoff and choked Strait of Hormuz flows: no end date in sight for fuel cost relief.
Diesel Drops 21 Cents, Then Crude Hits $100, What Happens Next
National average fell to $5.40/gallon this week, but Brent crude spiked over $100/barrel as Iran ceasefire uncertainty keeps the Strait of Hormuz in play.