19 March 2026 – According to the latest post of Al Jazeera – Oil prices are climbing. That’s not news. But what’s starting to raise eyebrows is just how high they could go. We’re talking $200 a barrel—a price that, just a year ago, felt like a stretch, a number reserved for extreme scenarios. But lately? Even the analysts who were once skeptical about such a spike are starting…
Global energy markets are once again watching the Strait of Hormuz as fears grow about a potential closure of this critical oil shipping corridor. Any disruption in this narrow passage between Iran and Oman can ripple through the global economy within hours. According to data from the U.S. Energy Information Administration (EIA), nearly one fifth of the world’s seaborne crude oil moves through…