oil prices
Global Energy Shock: Brent Surges to $83.58 as Iran Seals the Strait of Hormuz
The global energy market has been plunged into a state of high-alert volatility following the effective closure of the Strait of Hormuz by Iranian forces, a move that has sent shockwaves through international trading floors. In the early hours of March 3, 2026, Brent Crude surged by 7.5% to