« Back to Intelligence Feed Oil prices spike more than 5% as worries grow over Hormuz

Oil prices spike more than 5% as worries grow over Hormuz

ABI Analysis · Nigeria energy Sentiment: 0.65 (positive) · 17/03/2026
Trump has called for allies in Europe and elsewhere to help reopen the Strait of Hormuz, which Iran has effectively closed, saying at the weekend that securing the waterway "should have always been a team effort, and now it will be".
The post Oil prices spike more than 5% as worries grow over Hormuz appeared first on Vanguard News.

Sources: Vanguard Nigeria

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