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  "path": "/2026/03/06/oil-posts-its-biggest-weekly-jump-since-2020-as-the-iran-war-disrupts-hormuz?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss",
  "publishedAt": "2026-03-06T15:41:00.000Z",
  "site": "https://en.mercopress.com",
  "tags": [
    "Economy, Energy & Oil, International, United States"
  ],
  "textContent": "Oil became this week’s clearest barometer of the Middle East crisis, with Brent hovering near US$90 a barrel and WTI around US$87.5, putting both contracts on track for their biggest weekly advance since 2020. The same factor sits behind the surge: the de facto blockage of the Strait of Hormuz, through which roughly one-fifth of the world’s oil normally passes.",
  "title": "Oil posts its biggest weekly jump since 2020 as the Iran war disrupts Hormuz"
}