964media · 18 May 2026 · auto-translated
111 Dollars Surpassed; Oil Prices Continue to Rise
964+ Wrya Fattah reports on the volatile situation in the region and the ongoing tensions in the Hormuz Strait, where oil prices have increased significantly, with each barrel trading at over 111 dollars. Today, Monday, May 18, 2026, each barrel of Brent crude oil is being traded at more than 111 dollars. Meanwhile, West Texas Intermediate oil is priced at 107.
AI Translated Summary:
Oil prices continue to rise, with Brent crude trading at over $111 per barrel. The ongoing tensions in the Hormuz region contribute to this increase.
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