BUSINESSglobal
Mideast War Spurs Tweak to Oil Benchmark With Hormuz Shut Off
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Updated 3 hours ago
First seen March 20, 2026 06:59:52Stay on top of this story
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Quick Summary
A Middle East oil benchmark that’s typically used to price the bulk of crude supply from across the region has been tweaked again, as the closure of the Strait of Hormuz stymies flows and roils trading.