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Oil prices rise again, surpassing $100 per barrel after blockade in the Strait of Hormuz
2026-04-13 08:43:52 / EKONOMI&SOCIALE
Global oil prices have returned above the $100 per barrel threshold, as the failure of talks between the United States and Iran has significantly increased tensions and uncertainties in energy markets.
US President Donald Trump announced that he would block the Strait of Hormuz, a move that increased fears of further disruptions to global energy supplies.
As a result, the international Brent index rose by 7.3%, reaching $102.30 per barrel, while US West Texas Intermediate crude rose by 8.7%, to $104.94.
The failure of the weekend negotiations has increased concerns about a worsening global energy crisis, especially after an earlier interim agreement had brought prices below $100.
A key flashpoint remains the Strait of Hormuz, through which about a fifth of global energy supplies pass. The area has become critical due to Tehran's threats to shipping in response to joint US-Israeli attacks that began on February 28.
Meanwhile, financial markets in Asia reacted negatively. The Nikkei 225 index fell 1%, while the Kospi fell 0.8%, reflecting concerns about the economic impact of the energy crisis.
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