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Oil Price Today (April 30): Crude oil soars to $120, hits highest level since 2022. What are experts saying?
April 30, 2026
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Posted 1 hour ago by
Oil prices surged to their highest levels since mid-2022 amid growing concerns over a prolonged U.S. blockade on Iranian exports and stalled nuclear negotiations. This disruption, potentially extending until a broader deal is reached, is tightening supply conditions and could lead to further price increases.
Economic Times
Coverage and analysis from India. All insights are generated by our AI narrative analysis engine.
India
Bias: center
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