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Brent crude tops US$ 125 a barrel on Iran war worries, while world stocks retreat

Global oil prices surged as Brent crude crossed $125 amid stalled US-Iran talks and closure of the Strait of Hormuz. Escalating tensions in the Iran war triggered market uncertainty, impacting Asian stocks and raising energy concerns worldwide

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Apr 30, 2026 - 12:00
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Brent crude tops US$ 125 a barrel on Iran war worries, while world stocks retreat
Global oil prices surged as Brent crude crossed $125 amid stalled US-Iran talks and closure of the Strait of Hormuz. Escalating tensions in the Iran war triggered market uncertainty, impacting Asian stocks and raising energy concerns worldwide
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