Oil became 150 dollars / IRGC's big threat to the offending vessels
The stunning jump in the price of Brent physical oil to the threshold of $154 in the shadow of severe security tensions in strategic waterways and the release of new warning videos shocked the global energy markets.
The latest North Sea physical crude oil market price shows that the base price of Brent physical oil "Dated BFO" has reached $131 per barrel and the price of grades of this oil basket has reached above $150.
A few days ago, the CEO of the second American oil giant, Chevron, Mike Worth, said that the price of physical oil delivered to the Asian markets, i.e. the oil that is traded in cash, has approached 150 dollars per barrel. An hour ago, the Navy released the video of the third supertanker that exploded in the still strait and announced that if you violate and cooperate with the United States, you will be targeted.
Now, the latest prices show that Brent cash and Forties oil, one of the largest components of the Brent oil basket, are above $151, Osberg and Ecofisk oil are above $153 per barrel, and Troll oil has reached $154 per barrel.