Oil price alert: Will Strait of Hormuz blockade push oil to hit $215 per barrel amid Middle East tensions?

The Times of India - March 9, 2026

Oil price alert: Will Strait of Hormuz blockade push oil to hit $215 per barrel amid Middle East tensions?

Oil price forecast 2026: Global oil prices are soaring due to escalating Middle East tensions and threats to the Strait of Hormuz. This vital shipping lane, through which a fifth of the world's oil passes, faces potential closure. Experts warn of prices reach…

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