The blockade of Hormuz shakes global markets / Oil 'climbs' to $ 115 per barrel

Oil prices have risen sharply following reports that the United States is preparing for a prolonged blockade on Iran.
Crude oil has reached around $115 per barrel, after an earlier rise to around $110.
According to international media, this market movement is related to concerns about escalating tensions between the US and Iran.
According to reports, Washington is considering new measures aimed at restricting Iranian ports and putting economic pressure on Tehran.
In response, Iran has warned that it will continue to affect maritime traffic in the Strait of Hormuz, one of the most important points for global oil transportation.
The strait remains tense, as a large part of the world's oil and gas supply passes through it. The protracted conflict has meant that the sea crossing operates with restrictions and occasional interruptions.
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