Global Oil Prices Soar Amid US-Iran Tensions and Threats of War

New Delhi, તા.13: As expected, after the failure of the peace talks between Iran and the United States, the price of crude oil has increased. As the tension in the Strait of Hormuz has increased, the price of oil has increased. On Monday, the price of crude oil in the global market has crossed $100. The United States has also threatened to block the ships entering the Strait of Hormuz. The price of crude oil has increased once again in the global market due to the US-Iran conflict. What is the price of crude oil today?: After the failed peace talks between the US and Iran in Islamabad, Iran has again closed the Strait of Hormuz, raising the risk of war. The US has threatened to impose tariffs on China up to 50%. If this happens, the situation will become more serious. As the market opens on Monday, the price of crude oil in the Strait of Hormuz has increased by 7.63% to $ID2 per barrel. Similarly, the price of crude oil has increased by 6.52%, which is expected to reach $ID3 per barrel in India.