Brent crude drops after surge, but uncertainty keeps prices on edge
Brent crude’s roller‑coaster movement — falling under $110 after topping $120 — underscores how fragile global energy markets are amid Gulf tensions. The Strait of Hormuz, a critical chokepoint for oil shipments, remains at the center of concern as military and political pressures weigh on supply routes. Even with the latest dip, the risk of renewed price surges persists, reflecting the broader uncertainty surrounding U.S.–Iran relations and global demand.
Source: Newstimehub