economy
March 5, 2026
China In Talks With Iran For Safe Passage Through Hormuz, As WH Scrambles To Contain Rising Energy Prices
US oil tops $80 a barrel for first time since January 2025.
TL;DR
- US oil prices have exceeded $80 per barrel.
- This is the highest price recorded since January 2025.
- The rise in oil prices signifies a notable market change.
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