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Author name: Associated Press

Oil tops $125 a barrel on doubts over Strait of Hormuz reopening

date Apr 30, 2026

Brent crude crude was trading around $70 per barrel before the start of the war in late February. the price of Brent crude oil surged past $125 a barrel early Thursday. stalled talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war.

Source: emirates247.com

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