Brent jumps as Hormuz shipping pressure persists, tanker routes remain exposed
Brent crude rises on continued shipping risk in the Hormuz corridor, with tanker routes still exposed to disruption.
Update: This story updates earlier coverage: Brent jumps as Hormuz shipping pressure persists, tanker routes remain exposed
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Key Points
- Brent crude rises to $105.4 per barrel.
- Shipping pressure in the Hormuz corridor persists.
- Tanker routes remain exposed to disruption.
Brent crude climbed to $105.4 per barrel as shipping pressure in the Hormuz corridor persists, with tanker routes remaining exposed to potential disruption.
The supplied market snapshot shows Brent was at 105.4 up 1.5% in the session.