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Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away

2026 Strait of Hormuz crisis — Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed. [https:/

Published March 27, 2026· Updated October 28, 2026·1 min read

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Context: 2026 Strait of Hormuz crisis.

Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed. [https://www.scmp.com/news/world/middle-east/article/3348177/iran-says-hormuz-closed-shipping-and-enemy-ports (AFP via South China Morning Post )] [https://www.upi.com/Top_News/World-News/2026/03/27/iran-china-oil-prices-ships-blocked-strait-of-hormuz/6871774619526/ (UPI)]

Event summary via Wikipedia Current Events (2026-03-27).