Oil markets surged today as the U.S.-Iran War disrupted energy routes across the Middle East, pushing U.S. crude above $78 per barrel for the first time since January 2025. The spike came as tanker traffic through the Strait of Hormuz collapsed, while Bitcoin and gold both slipped during volatile trading.
U.S.-Iran War: U.S. Oil Prices Spike To One-Year High, Bitcoin and Gold Dip
coingape.com
05 March 2026 20:18, UTC
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