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Oil prices surge to highest level since 2022 as Trump mulls Iran blockade extension

todayApril 30, 2026 3

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Brent crude oil prices, the global benchmark, surged above $125 per barrel on Thursday morning, as US President Donald Trump mulls an extended blockade of Iranian ports.

Brent crude oil prices, the global benchmark, surged above $125 per barrel on Thursday morning, as US President Donald Trump mulls an extended blockade of Iranian ports.  Read More 

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