Physical oil hits fresh record high near $150 a barrel as Hormuz crisis worsens - Reuters
Physical oil hits fresh record high near $150 a barrel as Hormuz crisis worsens Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
<a href="https://news.google.com/rss/articles/CBMixAFBVV95cUxQN3dzcVNuSUx3RDE5NGJyZUhvV2dhMmZaMHFrenExLVlaR1lWYmNxb1BrNlp1RHZhRUQ5dTBzME5pUWp0OEw5eUJSOURGZWM1MU1nNHBhcXZNTzhPVWk3emJCLTdYdlFwVDZFSzBIN0VHSHozeHhaa1R5S3FPZEEwOTVqWVQ5VjlTUnJUQ0k1alhROG0zWkJCUlNObjFQbGdsczFhYU90T2RpZ0kzdEpfd21uT0IxM1hVWEpJZV9XaUtGaFNa?oc=5" target="_blank">Physical oil hits fresh record high near $150 a barrel as Hormuz crisis worsens</a> <font color="#6f6f6f">Reuters</font>
European crude prices have surged to nearly $150 per barrel amid escalating tensions in the Strait of Hormuz, with the U.S. Navy preparing to blockade Iranian maritime traffic.
The price of North Sea Forties crude has reached a record high of $148.87, driven by supply disruptions following the U.S. announcement to blockade the Strait of Hormuz.
Oil prices surged over $100 per barrel after President Trump ordered the U.S. Navy to blockade the Strait of Hormuz, following failed ceasefire talks with Iran.

Global energy stocks rose as oil prices rebounded above $100 per barrel, driven by concerns over the U.S. Navy's blockade of the Strait of Hormuz amid escalating tensions with Iran.
Oil prices have surged past $100 a barrel as the U.S. Navy moves to block Iranian access via the Strait of Hormuz, following failed peace talks with Iran.
Similar Stories
Related coverage based on topic and tags
Oil market starts pricing in a prolonged Hormuz crisis - Reuters
Oil market starts pricing in a prolonged Hormuz crisis Reuters
August 18, 2026 at 06:00 AMOil extends climb on prolonged Hormuz export uncertainty - Reuters
Oil extends climb on prolonged Hormuz export uncertainty Reuters
August 19, 2026 at 12:39 AMOil climbs as fading US-Iran peace hopes raise supply risks - Reuters
Oil climbs as fading US-Iran peace hopes raise supply risks Reuters
August 18, 2026 at 01:13 AMOil treads water as US-Iran peace talks stall, Hormuz shipping slows - Reuters
Oil treads water as US-Iran peace talks stall, Hormuz shipping slows Reuters
August 17, 2026 at 12:39 AMMost Gulf markets ease as Iran tensions, Hormuz shipping disruptions weigh - Reuters
Most Gulf markets ease as Iran tensions, Hormuz shipping disruptions weigh Reuters
August 17, 2026 at 01:12 PMOil steadies after US threatens indefinite blockade of Iran - Reuters
Oil steadies after US threatens indefinite blockade of Iran Reuters
August 14, 2026 at 01:36 AM