Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag - Diina Dubai - Your Intuitive Insights to everything Local

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Al Jazeera

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Author name: Al Jazeera Staff

Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag

date Mar 12, 2026

warning comes as 400 million barrels of oil are being released from global reserves. Iran’s Islamic Revolutionary Guard Corps (IRGC) says it will not allow “a litre of oil” through the Strait of Hormuz.

Source: aljazeera.com

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