Oil surges for second day, Brent tops $83 after Iran orders Strait of Hormuz closure
- Posted on March 3, 2026
- By CNBC
- 5 Views
Oil surges for second day, Brent tops $83 after Iran orders Strait of Hormuz closure
Oil prices have soared more than14% this week as tanker traffic through the Strait of Hormuz has ground to a halt. European natural gas has soared more 70%.
