Brent crude spikes above 126 dollars, a four-year high, before paring gains
Reportedon one origin only: 1 distinct origin, 0 tied to no party.
Brent crude for June delivery spiked more than 7 percent to 126.41 dollars a barrel on 30 April, a four-year high, and WTI rose 3.4 percent to 110.31 dollars, before both pared gains, Al Jazeera reported. Iranian President Masoud Pezeshkian called the US naval siege of Iranian ports 'intolerable' and an 'extension of military operations', and Trump said the US 'might need' to restart the war.
- When
- 30 April 2026
- Where
- Strait of Hormuz, No single country
- What
- market
- Attribution
- Not attributed. Market movement.
- In the record
- Published 2026-10-27 21:03 UTC · revision 1 · backfilled
Sources
- Evidence Al Jazeera
History
| When | Field | From | To | Why |
|---|---|---|---|---|
| 2026-10-27 21:03 UTC | status | null | reported | P1 backfilled: researched from cited sources and graded by the one rule |
Cite or reuse
The War Record, "Brent crude spikes above 126 dollars, a four-year high, before paring gains", ev-20261027-es5z, revision 1, https://thewarrecord.com/events/ev-20261027-es5z/