2026-04-24 16:47
IndustryCrude Rises as Hormuz Risks Escalate
Oil continues to trade higher as geopolitical tensions intensify, with Brent above $106 and weekly gains nearing 17%. With around 20% of global oil supply passing through the Strait of Hormuz, disruption risks remain a key driver of price action and short-term volatility.#OilTrading #CrudeOil #BrentOil The information provided is for general purposes only and should not be considered financial advice. CFDs may not be suitable for all investors. Ensure you fully understand the risks involved.
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Crude Rises as Hormuz Risks Escalate
| 2026-04-24 16:47Oil continues to trade higher as geopolitical tensions intensify, with Brent above $106 and weekly gains nearing 17%. With around 20% of global oil supply passing through the Strait of Hormuz, disruption risks remain a key driver of price action and short-term volatility.#OilTrading #CrudeOil #BrentOil The information provided is for general purposes only and should not be considered financial advice. CFDs may not be suitable for all investors. Ensure you fully understand the risks involved.
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