diplomacyApr 29, 2026

Brent Tops US$118 as US-Iran Talks Collapse and Hormuz Stays Shut | NewsGhana

Summary

Global oil prices surged to their highest levels since the US-Iran conflict began, with Brent crude topping $118 per barrel on Wednesday as diplomatic efforts to end the war stalled and the Strait of Hormuz remained largely closed to commercial shipping.

Source: Roger A Agana — Read the full report

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Sources

Roger A AganaBy Roger A Agana
Global oil prices surged to their highest levels since the US-Iran conflict began, with Brent crude topping $118 per barrel on Wednesday as diplomatic efforts to end the war stalled and the Strait of Hormuz remained largely closed to commercial shipping. Brent crude jumped more t…

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