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2026-04-08 03:02:32
[Brent Crude Oil Prices Surge to Record High] According to data from Platts, a subsidiary of S&P Global Energy, the real-time Brent crude oil price, which serves as a benchmark for most global crude oil prices, rose to $144.42 per barrel on Tuesday. The price surge was driven by disruptions to oil transport through the Strait of Hormuz caused by the conflict with Iran. Refineries worldwide are scrambling to acquire available crude oil. In addition to the disruption to crude oil supply, the disruption to traffic in the Strait of Hormuz has also impacted fuel supplies, generating substantial profits for oil procurement and processing. This key price indicator reflects the transaction costs of spot North Sea crude oil.
