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119 new news items in the last 24 hours
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  2. International

Oil prices have risen significantly, with Brent crude reaching 124 dollars per barrel, due to the naval blockade on Iran and the decrease in traffic through the Strait of Hormuz.

Călin Nicolescu
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30 April 2026, 10:08
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International
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Oil prices have risen drastically, with Brent crude climbing over 12% in one day, stabilizing at 124 dollars per barrel, while WTI crude exceeds 110 dollars per barrel. This increase is the result of discussions between Donald Trump and his advisors regarding the maintenance of the naval blockade on Iran, including a possible long-term closure of the Strait of Hormuz, a crucial route for oil and gas transportation.

The drastic reduction in maritime traffic through this strait has led to a major disruption in supply, considered by the International Energy Agency as 'the largest disruption in history'. High energy prices are already affecting costs for consumers, with the average gasoline price in the US reaching 4.23 dollars per gallon. Analysts warn that, without a rapid reopening of the strait, oil prices could continue to rise, having negative implications for the global economy and risks of recession.

Sources

sursa imagine
Mediafax
Prețul petrolului explodează: peste 126 de dolari/baril, cel mai ridicat nivel din 2022
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Stirile ProTV
Prețurile petrolului, la cel mai ridicat nivel din 2022. Tensiunile SUA-Iran escaladează
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Curs de guvernare
Prețurile petrolului au atins joi cel mai înalt nivel din 2022 încoace – SUA analizează prelungirea blocadei asupra Iranului

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The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
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petrol prices growth blocked Strait of Hormuz Brent oil

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