Crude warning: Energy experts say Strait of Hormuz closure could force energy prices higher

粗略警告:能源专家表示,霍尔木兹海峡关闭可能迫使能源价格上涨

World Business Report

2026-03-05

8 分钟
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Oil and gas traders took a breath on Wednesday after Trump pledged help in the Strait of Hormuz, but experts say there are still signs the price of crude could break through the $100 mark as hundreds of tankers are anchored and unused in the vital waterway. Meanwhile, TikTok has told the BBC is won't bring in end-to-end encryption in its popular social media app
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  • If oil tankers can't get through the straight of her moves, we could see some crude energy prices.

  • It's World Business Express from the BBC World Service.

  • I'm Leanna Byrne.

  • We'll hear from one migrant worker living in Dubai and why TikTok won't be using end-to-end encryption.

  • It's day five of the US-Israel war with Iran and global markets are catching their breath.

  • US and European indices are generally up but earlier today Asian stocks took a battering.

  • Trading was even paused in Bangkok and Seoul as circuit breakers were triggered to stem traders losses.

  • To digest all of this we have Russ Mould, Investment Director at AJ Bell.

  • Russ explain this to me, why are investors hopeful all of a sudden?

  • I think they're hopeful at the moment and that sounds dramatic with oil up around a sixth