CAMEO+ eventECONOMIC2026-04-30馃嚫馃嚞

Oil prices hit multi-year high amid US-Iran conflict deadlock

source: Oil market

On 2026-04-30, global oil prices surged to a multi-year high in Singapore trading, with Brent crude June futures rising to $119.94 per barrel and WTI June futures to $107.51. The article attributed the move to supply concerns stemming from the US-Iran conflict deadlock and restrictions on shipping through the Strait of Hormuz.

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