On Monday, the price of a barrel of oil rose by 30%, the largest jump since 1988. This surge is due to the ongoing war in the Middle East and the continued blockade of the Strait of Hormuz.
Oil Price Jumps 30%
On Monday, the price of a barrel of oil rose by 30%, the largest jump since 1988. This surge is due to the ongoing war in the Middle East and the continued blockade of the Strait of Hormuz.