Economy
Oil falls back after surging to $126 on supply fears
Brent crude hit new conflict high as blockade of Strait of Hormuz continues before dropping in wildly volatile trading
F
Financial Times
April 30, 2026·1 min read

Image: Financial Times
Brent crude hit new conflict high as blockade of Strait of Hormuz continues before dropping in wildly volatile trading
Original article
Oil falls back after surging to $126 on supply fears
Published by Financial Times