Brent crude is up 𝟭𝟴% at $𝟭𝟬𝟵.𝟮𝟱 a barrel, while 𝘕𝘺𝘮𝘦𝘹 𝘭𝘪𝘨𝘩𝘵 𝘴𝘸𝘦𝘦𝘵 is up by more than 𝟮𝟬% at $𝟭𝟬𝟵.𝟯𝟳!

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Some 𝘢𝘯𝘢𝘭𝘺𝘴𝘵𝘴 argue that if the shutdown in the strait lasts until the 𝗲𝗻𝗱 𝗼𝗳 𝗠𝗮𝗿𝗰𝗵, we could see record oil prices above $𝟭𝟱𝟬 a barrel.