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Global Oil Prices surge past $111 amid Hormuz Crisis, UAE Exit from OPEC

Home - Daily Pakistan English News [Unofficial] April 29, 2026
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LONDON – Global oil prices surged past $111 mark amid uncertainty over rising fears due to the closure of Strait of Hormuz and the shocking exit of UAE from OPEC+. The recent developments tightened nerves across the energy sector, as traders braced for what could come next in an already volatile global economy. At the […] The post Global Oil Prices surge past $111 amid Hormuz Crisis, UAE Exit from OPEC appeared first on Daily Pakistan English News.

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