Oil prices today: Brent tops $120 as Trump doubles down on Hormuz blockade
Brent crude oil prices surpassed $120 per barrel amid escalating tensions in the Middle East as former U.S. President Donald Trump reiterated support for a potential blockade of the Strait of Hormuz. The geopolitical concerns fueled fears of supply disruptions, driving investor sentiment in the energy markets. Oil prices remain highly sensitive to developments affecting global supply routes, particularly in volatile regions.
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The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.Read More
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