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Petrol prices hit highest level since start of Iran war
Forbes contributors publish independent expert analyses and insights.
Chevron and Exxon earnings soar as Trump threatens price interventions
Oil markets already reflect these concerns, with prices on track for their biggest monthly gain since March by the end of July, including double-digit increases in crude and products such as diesel.
With global supplies constrained, prices for Brent crude, the international standard, soared from about $70 to above $100 a barrel for much of March, April and May, and at one point reached $126.
