Korean

Will the Hormuz Strait Blockade Trigger a Global Oil Price Surge? Key Insights for Investors

Seo Yeon Kang
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul. International oil prices surged sharply due to U.S. military operations against Iran. On March 1, West Texas Intermediate (WTI) crude futures soared 8.62% to trade at 72.80 USD per barrel on the New York Mercantile Exchange. Brent crude futures soared 9.30% to 79.68 USD per barrel 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul. International oil prices surged sharply due to U.S. military operations against Iran. On March 1, West Texas Intermediate (WTI) crude futures soared 8.62% to trade at 72.80 USD per barrel on the New York Mercantile Exchange. Brent crude futures soared 9.30% to 79.68 USD per barrel 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1

On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, the exchange rate between the won and the dollar is displayed on the electronic board at the currency exchange counter at Incheon International Airport 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1
On Tuesday, gasoline and diesel prices are displayed at a gas station in Seoul 2026.3.2 / News1

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