SQUAWK BOX, THURSDAY 25TH APRIL, 2024

SQUAWK BOX, THURSDAY 25TH APRIL, 2024

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Crude closes above $100 for first time in 4 years

Oil settles about $100 per barrel for the first time since 2022 after Iran’s new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Treasury Secretary Scott Bessent say the U.S. Navy will be helping to escort tanker ...  Show more

Oil markets on high alert despite record IEA stockpile release

Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its largest strategic reserve release of 400m barrels but energy markets remain wary. P ...  Show more

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