Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150?
- Posted on April 29, 2026
- By Business News Today
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- 1 min read
Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150?
Crude oil prices surged to near $115 per barrel, the highest since June 2022, driven by escalating Iran conflict tensions and supply risks. Analysts warn that prolonged disruptions and stalled negotiations could push prices towards $150, with the Strait of Hormuz remaining a key flashpoint for global energy markets.
