Brent crude holds above $100 as Hormuz blockade keeps tanker risk elevated
Oil prices remain elevated amid ongoing shipping disruptions in the Strait of Hormuz.
Update: This story updates earlier coverage: Brent crude tops $100 as Hormuz blockade disrupts shipping and raises tanker risk
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Key Points
- Oil holds above 100 dollars as Hormuz blockade keeps tanker risk elevated.
- Brent crude was at 101.2, up 5.8% on the session.
- Tanker routes remain exposed to disruption.
According to AP, oil holds above 100 dollars as Hormuz blockade keeps tanker risk elevated. Brent crude was at 101.2, up 5.8% on the session.