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Ekonomi2026-07-13 22:51:00

Oil explodes on world markets, prices rise drastically after US blockade

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Oil explodes on world markets, prices rise drastically after US blockade
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Oil prices rose sharply on Monday in international markets, following the resumption of the naval blockade of Iranian ports and the United States' plan to impose transit fees on ships sailing through the Strait of Hormuz.

North Sea Brent crude, for delivery in September, rose 9.59%, closing the session at $83.30 per barrel.

According to market data, such a large increase in one day had not been recorded even in the first days of the outbreak of war.

US WTI crude for August delivery also rose 9.42%, reaching $78.14 per barrel.

Eurasia Group analysts estimated that markets had so far largely ignored the attacks on shipping in the Strait of Hormuz, but recent developments have changed the situation.

" Markets had largely ignored the recent attacks on shipping in the Strait of Hormuz, but the collapse of this fragile peace between Washington and Tehran is completely changing the landscape ," the company's analysis said.

The Strait of Hormuz is considered one of the world's most important energy corridors, as a large portion of global oil exports pass through it. Escalating tensions in this area are usually immediately reflected in energy prices on international markets.

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