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.
Key Points
- Brent crude rises to $105.4 per barrel.
- Shipping pressure in the Hormuz Strait persists.
- Tanker routes remain exposed to disruption.
Brent crude climbed to $105.4 per barrel as shipping pressure in the Hormuz Strait 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.