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Mar 27, 2026 - Cathay Pacific will raise its fuel surcharges from 1 April 2026 as global average jet fuel prices rose to $1,536.60 and crude oil to $864.08 per barrel. https://tradingmarketsignals.com/oil-prices-hormuz-crisis-surge-trump-speech/ Oil Prices Hormuz Crisis: Crude Surges 11%% After Trump Iran Speech | TradingMarketSignals May 5, 2026 - Oil prices hormuz crisis: WTI surges 11%% to $111.54 as Trump vows more Iran attacks. Strait of Hormuz closure threatens $200 oil. oil priceshormuz crisis https://economictimes.indiatimes.com/news/international/us/global-oil-supply-chains-face-historic-stress-crude-prices-and-tanker-rates-now-at-all-time-highs-heres-the-key-reason-behind-the-oil-price-surge/printarticle/129107376.cms Global Oil Supply Chain Crisis 2026: Global oil supply chains face historic stress: Crude prices... Global oil supply chains face historic stress: Shipping 2 million barrels of crude oil now costs $29 million from the U.S. Gulf Coast to Asia. 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