The region supplies 20% of global liquefied natural gas (LNG) via the Strait of Hormuz. Brent crude oil reached $91 per barrel earlier in April, compared to the 2015-2019 average of $34 more.
Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel Gold eases as steady dollar dampens appeal Spot gold ...