Oil surged back above $100 as a blockade of the Strait of Hormuz pushes supply risk back into the spotlight. With one of the world’s most critical oil chokepoints under threat, markets are rapidly repricing geopolitical risk and bracing for further volatility.#crudeoil 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.