Strait of hormuz

Trending Investments

Oil surges 14% on Hormuz crisis: how it affects your wallet

Brent crude is up 36% in 2026, topping $83/barrel as the Strait of Hormuz crisis escalates. Goldman Sachs warns it could hit $100. Here's how it impacts gas prices, food, and inflation.

Mar 05, 2026 6 min read

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Trending Investments

Oil surges 8% as Iran closes Strait of Hormuz: gas prices set to spike

Brent surged to $83.83 (+8%) and WTI to $77.05 after Iran closed the Strait of Hormuz. Tanker traffic dropped 80%. US gas prices crossed $3/gallon. Analysts warn oil could hit $100.

Mar 03, 2026 7 min read

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