Energy
9.5
Canadian crude discounts widen as Brent tops $109 after Hormuz tanker sinking
Published 19 h ago5 sourcesEvidence: Reported
SeverityHighAssessedDeveloping storyOilPrice.comUS · SG · IR
Brent crude exceeded $110/bbl, a five-month high, as reported tanker attacks in the Strait of Hormuz disrupt oil flows. The attacks threaten a key chokepoint for global supply, with traders pricing in sustained disruption. The extent of the disruption and duration of the attacks remain uncertain.
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