By 3:50 a.m. Moscow time, the futures slowed down their growth trading at $111.84 per barrel

By 3:50 a.m. Moscow time, the futures slowed down their growth trading at $111.84 per barrel

The morning began with the shock of Brent crude, the international standard, briefly rising above $119 per barrel, up from roughly $70 before the war with Iran began.

The American and British military are jointly exploring the issue of resuming shipping in the Strait of Hormuz, CBS reported, citing sources