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Published on: 04/30/2026 - 12:29
Oil prices rose again Thursday after the White House indicated the possibility of imposing a long-term blockade on the Strait of Hormuz, as the price of a barrel of Brent crude increased by 5 percent, approaching $125. The price of a barrel of Brent North Sea crude, the international standard, reached $124.67, an increase of 5.6 percent, at approximately 04:10 GMT.
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