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Crude oil hits record $154 amid Middle East crisis

Original: 🔴 BREAKING Crude Oil Prices Hit Record High Amid Middle East Crisis and Saudi Airport Attack Crude oil prices reached a

Crude oil prices have surged to a record high of $154 a barrel, driven by a de facto blockade of the Strait of Hormuz and an attack on a Saudi airport. Analysts warn the Middle East crisis is now hitting consumers worldwide, with Japan's gasoline prices rising sharply as import costs climb. Markets are bracing for further volatility as the shipping chokepoint remains effectively closed and fears of a wider regional conflict grow.

Why now: The record oil price, tied to the Hormuz blockade and Saudi attack, is rattling global markets and consumers right now.

Strait of HormuzSaudi ArabiaJapancrude oil

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Evidence

• 🔴 BREAKING Crude Oil Prices Hit Record High Amid Middle East Crisis and Saudi Airport Attack Crude oil prices reached a record high of $154, driven by a de facto blockade of the Strait of Hormuz and an attack on Saudi Arabia. The crisis is impacting Japan's gasoline prices,… · GeoWire · 3

API: https://socialmediatrends-api.osmike.com/v1/trends/1968374