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Attacks near the Strait of Hormuz, oil prices rise over 10%

2026-03-02 09:54:50Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Attacks near the Strait of Hormuz, oil prices rise over 10%
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Global oil prices rose sharply after at least three ships were attacked near the Strait of Hormuz, one of the world's most important energy corridors.

According to the UK Maritime Trade Operations Centre (UKMTO), two ships were hit, while a shell exploded near a third.

The strait, through which about 20% of global oil and gas passes, is virtually paralyzed, with more than 150 tankers anchored and waiting. Iran has warned ships to avoid the passage, as tensions with the US and Israel continue to escalate.

In Asian markets, oil prices initially rose more than 10%, with Brent crude reaching $78.72 a barrel. Analysts warn that if the conflict drags on and shipping traffic does not return, the price could exceed $100 a barrel.

Meanwhile, the OPEC+ group has decided to increase production by 206,000 barrels per day to mitigate the impact on the market, but experts remain skeptical about the real effect of this measure.

Danish shipping company Maersk has announced the diversion of ships from several key shipping routes, while the situation in the region remains tense.


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