Oil prices ‘could hit $150’ if US blocks Strait of Hormuz
Yahoo Finance·2026-04-14 00:23
He added: “But we do not set the global price for oil and gas, and households across the country are fed up with international events beyond their control pushing up their energy bills, and I stand with them on that.He accused Iran of doing “untold” economic damage to Britain’s economy, visible “on every petrol forecourt in the country”, while admitting that businesses in the energy, shipping and finance sectors had warned him that vessels would not travel through the Strait “until it is safe to do so”.The ...