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Home Business

Oil prices surge as tanker traffic in Strait of Hormuz grinds to a halt

by LJ News Opinions
March 2, 2026
in Business
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As war escalates in the Middle East and Iran’s security forces order ships not to cross the Strait of Hormuz, oil prices have surged this Monday, putting pressure on global markets. In this edition, we speak to Jorge León of Rystad Energy to better understand the forces that are bringing benchmark energy prices higher. 

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