This chart clearly shows the importance of the Strait of Hormuz on the London Stock Exchange: the price of Brent oil on the physical market reached $154. The difference between the prices of paper and physical oil increased significantly after the decrease in ship traffic through the Strait of Hormuz. This difference comes to 50 dollars.

This chart clearly shows the importance of the Strait of Hormuz on the London Stock Exchange: the price of Brent oil on the physical market reached $154. The difference between the prices of paper and physical oil increased significantly after the decrease in ship traffic through the Strait of Hormuz. This difference comes to 50 dollars.