Brent Crude Nears US$110 as Strait of Hormuz Disruption Drives Worst Oil Shock in Decades

NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/brent-crude-nears-110-as-strait-of-hormuz-disruption-drives-worst-oil-shock-in-decades/Global oil markets are experiencing their most severe supply disruption in half a century, with Brent crude trading at US$109.38 per barrel on Friday March 20, as the near-total closure of the Strait of Hormuz continues to choke off a fifth of the world’s daily oil and gas flows following the outbreak of conflict between […] NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/brent-crude-nears-110-as-strait-of-hormuz-disruption-drives-worst-oil-shock-in-decades/


play_arrow All Ghana News
10 h.
Weather
ID: -5276957662822984664


Similar News expand_more


1 w. Oil Tops US$109 as Hormuz Blockade Threatens Worst Energy Shock Since 1970s
Weather
8 d. IEA agrees record 400 million barrel oil release as war drives crude volatility
Economics
8 d. Global economic growth to remain steady if oil price shock is not prolonged – Fitch
Economics
1 w. Trump Threatens Iran With Devastating Strikes If Oil Flow Through Hormuz Is Blocked
Weather
8 d. Global economic growth remains steady if oil price shock is not prolonged – Fitch Ratings
Economics
8 d. Oil above $100 could trigger fuel price shocks in Ghana and West Africa as market transparency gaps persist
Economics
3 w. Global crude gains outpace cedi appreciation as external pressures drive March fuel hike
Economics
2 w. Gulf shipping crisis deepens as tankers stranded for fifth day, US sinks Iranian warship
Travel
1 w. Middle East War: Gov’t must turn oil price gains into relief for the poor – Economist
Economics
4 d. Africa’s unity key to overcoming crude oil supply challenges – Dr Ishmael Hlovor
Economics
8 d. CSOs warn delay in Coastal Protection Project could trigger national disaster
Weather
7 d. Dry boreholes, dry wells: changing weather patterns deepens Atebubu’s water crisis — but new solutions offer hope
Weather
57 h. Erdogan Warns Middle East Conflict Driven by Ideology, Not Just Security
Politics
1 w. IMF warns Middle East tensions could disrupt trade and drive up global energy prices
Economics
4 w. Minority raises concerns over early extension of WCTP and DWT petroleum contracts
Economics
4 d. IES calls for suspension of fuel stabilisation levy as global oil prices surge
Economics
6 d. Trump urges UK and other nations to send ships to help secure Strait of Hormuz after Iranian attacks
Military
2 w. Energy Minister engages petroleum stakeholders over fuel security amid Middle East crisis
Economics
1 w. This week will be decisive – NPA boss on crude prices amidst Middle East tensions
Economics
30 h. Middle East tensions: Policy rate cut to 14% not a risk – BoG Governor
Politics
1 w. 2025/26 GHPL MD25 wrap: Medeama stunned by Hohoe United as Karela United pip 10
Military
8 d. Attacks on ships in Strait of Hormuz mount as Iran launches ‘most intense’ strikes in war with US and Israel
Military
3 d. Star Oil reviews pump prices again; sells petrol at GH¢12.29, diesel pegged at GH¢14.99
Economics
8 d. High oil prices may benefit West African crude exporters but not consumers, Argus analyst says
Economics
2 w. Why Ghana must accelerate its Petroleum hub in an era of Global geopolitical uncertainty
Economics
2 w. Bokpin warns Ghana faces major oil price shock from US–Israel strikes on Iran
Economics
6 d. Why has Trump eased sanctions on Russian oil – and will it help Putin?
Economics
65 h. I pray against geopolitics – NPA boss warns of crude price shocks
Politics
3 w. Huckabee’s Biblical Land Remark Triggers Widest Arab Rebuke in Years
Politics
2 w. Religious Prediction Draws Global Attention Following Statements About Iran’s Ayatollah End
Politics
1 M. Photos of firefighters battling Saturday’s Nsawam–Accra highway tanker explosion
Automotive
4 d. Middle East conflict poses fresh inflation risks for Ghana – BoG Governor
Politics
2 w. Middle East Conflict: Time to save multilateralism, not deepen unilateralism — Security Analyst
Politics
3 w. Senya Bereku gunmen raid: GAF launches search and rescue operation at sea
Military
3 w. COPEC’s Fuel Forecasts Keep Missing Actual Pump Prices. Here Is Why It Matters.
Economics
9 d. Probability of policy rate cut by BoG higher – PwC on February 2026 inflation
Economics
1 w. Rising global oil prices and Ghana’s financial & economic environment: A dual
Economics
2 w. US sinks Iranian warship, NATO intercepts missile as Middle East conflict enters day 6
Military
1 w. ‘Night turned into day’: Iranians tell of strikes on oil depots
Economics
4 d. OMCs begin fuel price increases; Star Oil now sells petrol at GH¢12.49
Economics
1 w. COPEC urges creation of strategic fuel reserve fund to shield Ghana from supply shocks
Economics
5 d. Zelensky accuses EU allies of ‘blackmail’ in oil pipeline row
Economics
1 M. Global Cyber Threats Surge as AI and Geopolitics Reshape Security Landscape
Politics
1 w. Ghana’s economy could suffer from oil price hikes amid Iran–Israel conflict – Tano South MP
Economics
1 M. COCOBOD in its most fragile state in nearly eight decades — CEO Randy Abbey
Entertainment
2 w. GNPC Explorco, LubriMax, WEP seal deal for Ghana’s first onshore Voltaian Basin drilling
Technology
2 w. OMCs commence increase in fuel prices; GOIL and Star Oil sell petrol at GH¢10.46
Economics
3 d. GECF Chief to Address Africa’s Gas Investment Case at Paris Forum
Economics
2 w. One Volta Group Engages Togbe Afede on Proposed Keta Deep Sea Transshipment Port Project
Technology
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down