@RadioFarda|راديو فردا: The price of physical crude oil cargoes in Europe reached a record close to $150 per barrel on Monday, April 24, as the U.S. plan to blockade the Strait of Hormuz intensified concerns about limited su
On Monday, April 24, the price of physical crude oil cargoes in Europe reached a record close to $150 per barrel due to concerns over a potential U.S. naval blockade of the Strait of Hormuz, which could restrict Iran's oil exports. According to LSEG data, the spot price of North Sea Forties crude reached $148.87 per barrel, surpassing the 2008 peak of $147 per barrel.