Finance
Global oil prices surpass $108 a barrel on concerns Iran may have to cut production due to limited storage
Oil futures climbed Monday as the ongoing U.S.-Iran standoff and the blockade of the Strait of Hormuz fueled concerns that Iran’s crude storage is nearing capacity.
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MarketWatch
April 27, 2026·1 min read
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Oil futures climbed Monday as the ongoing U.S.-Iran standoff and the blockade of the Strait of Hormuz fueled concerns that Iran’s crude storage is nearing capacity.
Original article
Global oil prices surpass $108 a barrel on concerns Iran may have to cut production due to limited storage
Published by MarketWatch