economicUnverifiedOther
○ 1 source
Plunging oil shipments transiting the Strait of Hormuz have sent global energy prices soaring to their highest level in years.
Location: Strait of Hormuz
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economicJun 20, 2026
Is the worst over on oil prices?
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Is the worst over on oil prices?
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- currentsapi(Mixed)By David Murphy
Consumers are beginning to breathe a sigh of relief as oil prices fall after a shaky peace deal was agreed in the Middle East. But the hangover from the blockade of the Strait of Hormuz will continue long after shipping fully resumes. Consumers in Ireland and elsewhere will be pa…
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