🇿🇦 South Africa 4h ago · AFP

Brent crude oil hits highest price in 10+ years

The South African
View Channel →
Brent crude oil hits highest price in 10+ years
Source ↗ 👁 0 💬 0
Oil prices shot higher on Wednesday on concerns of an extended blockade of the Strait of Hormuz, while Wall Street stocks mostly slid as investors awaited a US Fed rate decision and a slew of tech firm earnings.



Both main oil contracts jumped nearly six percent after President Donald Trump warned Tehran on Wednesday that it should “get smart soon” and capitulate to Washington’s demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on I

Comments (0)

Sign in to join the discussion

More Like This

Nianell on marrying younger man: ‘Best desicion ever!’
The South African · 3h ago
Lanzerac Wine Estate takes on SARB in R220m forfeiture battle
IOL · 4h ago
In case you missed it: Bellarmine Mugabe sentenced | ANCYL slams Jacob Zuma | Doctor Khumalo to be awarded honorary doctorate
The Citizen · 4h ago
Daily Lotto and Daily Lotto Plus results: Wednesday, 29 April 2026
The Citizen · 4h ago
Confirmed SASSA grant dates for May 2026
The South African · 4h ago
Gift of the Givers activates disaster response teams after Northern Cape hit with severe hailstorms
IOL · 4h ago