Brent crude oil price surges 5% as conflict escalates, surpassing $113

Thursday, 19 March 2026RSS
Brent crude oil price surges 5% as conflict escalates, surpassing $113

Brent crude oil prices climbed 5% to exceed $113 per barrel following retaliatory infrastructure strikes between Israel and Iran, raising concerns over global energy security and the Strait of Hormuz.

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