Oil Prices Rally as Hormuz Crisis Escalates
- Posted on March 12, 2026
- By The Wall Street Journal
- 4 Views
Oil Prices Rally as Hormuz Crisis Escalates
Oil-market gyrations continue. Crude prices surged overnight, as hopes of a quick reopening of the Strait of Hormuz dimmed.
Brent-crude futures briefly topped $100 a barrel before giving
