Anonymousabout 2 hours ago
Brent crude hit $126 per barrel on April 30, 2026 — its highest level since March 2022 — as CENTCOM prepared to brief President Trump on expanded military options against Iran, including a strike campaign and ground operations to seize control of the Strait of Hormuz. The price surge, which has seen oil rise roughly 70% since the U.S.-Israel air campaign began on February 28, is compounding inflationary pressure on American households, complicating Federal Reserve policy, and reshaping global energy alliances after the UAE's shock exit from OPEC.