Brent crude oil price breaks through $94, up nearly 38% in five weeks
2026-08-02 23:04:42
According to CoinMeta, the price of Brent crude oil recently broke through $94, an increase of nearly 38% from the low of $68 in July, representing a significant rise. This surge in prices occurred against the backdrop of Iran's announcement that the Strait of Hormuz would remain closed, which directly contradicts Trump's claims of a "complete reopening."
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