War in Iran: Oil barrel exceeds 120 dollars, a first since 2022

Author: AfricaNewsPublished on: April 30, 2026Country: Iran
PoliticsBusiness & Economy
War in Iran: Oil barrel exceeds 120 dollars, a first since 2022

Oil prices reached 126 dollars per barrel, the highest level since 2022, due to the failure of negotiations between the United States and Iran and blockades in the Strait of Hormuz. Although prices have slightly decreased, they remain above 115 dollars. Washington announced the formation of an international coalition, 'Maritime Freedom Construct', to restore maritime traffic, but Iran, through Ayatollah Mojtaba Khamenei, rejects any American interference.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more