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Geopolitical Tensions Keep Rising. Oil Is Now Hovering Around $110 a Barrel.
Brent and U.S. crude climbed after at least 9 tankers and cargo ships were attacked near Hormuz and Ukrainian strikes threatened Russian refinery output.
The Brent rises by 3,85% to 109.72 dollars and the WTI exceeds 101 dollars due to the tension in Ormuz. The Spanish supplier will notice it with lag. La entrada The price of Brent oil rubs 110 dollars: the WTI exceeds 101 and threatens gasoline in Spain aparece primero en Merca2.