Oil Explodes to $109 and Strait of Hormuz Is

Hormuz navigation has stopped, IEA released 400 million barrels, US eases Venezuela sanctions. Oil at $109/bar! Swipe to see →

OIL AT $109 AND STRAIT OF HORMUZ BLOC...

On March 18, 2026, Brent crude oil surpassed $109 — a 6% jump in a single day — after naval analysts confirmed what the market feared: na...

THE IMPACT ON YOUR WALLET: WHAT'S GET...

Oil doesn't just affect gasoline. It's in everything:

GLOBAL INFLATION: THE DOMINO EFFECT

Oil isn't just fuel — it's the base for 6,000+ derived products. When the barrel rises 50%, the cascade effect hits the entire economy:

ENERGY TRANSITION: ACCELERATED BY THE...

Paradoxically, the Hormuz crisis may accelerate the transition to renewable energy:

SOURCES AND REFERENCES