Middle East Blockade Expected To Raise Food Prices
Crude oil prices have spiked significantly, with the United States Oil Fund (USO) trading at approximately $135.09, marking a 4.4% increase. Oil prices rose 2.4% to nearly $111 per barrel following news that the United Arab Emirates may withdraw from OPEC Plus. The reference barrel closed at $108 yesterday and is approaching $111 today. The price remains significantly above the $100 threshold. Markets reacted to reports of interrupted Iranian oil supplies, potentially driving prices higher. Concerns exist regarding Iran's ability to maintain storage capacity. The impact on markets may be influenced by China and other Asian nations. The source noted that markets are currently reacting to rumors and fears regarding these supply disruptions. The blockade affects a major shipping route for global production, leading to a shortage and increased cost of fertilizer on the world market.
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Sources · 7 independent
“中东局势再搅市场 油价站上103美元”
“USO $134.09 (+3.62%) Market move: Crude Oil Jun 26. CL=F $95.24 (+2.45%)”
“en esta jornada, no más más de 2% digo, por la falta de acuerdo entre Estados Unidos e Irán y también por la incertidumbre y en el estrecho de Hermos.”
“over these four days, or are they really able to make great?”
“يعني عموماً. يبدو أن هذه الحرب، واتباعات هذه الحرب والمخاطر التي نتجد”
“θαρπιχεί στιγμή και ο δούλος θα είναι αυτός, θα ας ύστε μά.”
“Sledovanie tajnými službami považuje Mazurek za kompliment. Do Ruska či Iránu by vám víza dali hneď, hovorí Zdechovský #News #SK #Slovak #Slovenčina #Správy #Svet ...”
“2,4% de alza, 110 dólares, el barril de referencia bastante por encima de los 100 dólares que era el precio de tensión”
“this will not prevent the continued rise in prices for a very long time, perhaps from now until 2027, because of these many disruptions and the closure of the Strait of Hormuz”
“طبعاً الأسواق السعرت انقطاع إمدادات النفط الإيراني إلى الأسواق... هذا سيعطي مدة أطول لمزيد من الارتفاع بالأصعار”
“el crudo volvió a subir sobre los 112 dólares el barril”
“ارتفعت أصعار الوقود الأجلة لخامي برنت القياسي تسليم شهر يونيو المقبل لتتقرب من مئة واحد عشر دولاراً للبرميل”
“ارتفعت أصعار الوقود الأجلة لخامي برنت القياسي تسليم شهر يونيو المقبل لتقترب من مئة واحد عشر دولاراً للبرميل”
“eine Blockade im mittleren Osten geht. worüber ein großer Teil des weltweit produziert wird verschifft wird. Dadurch werde Dünger auf dem Weltmarkt verknappt und teurer.”
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