Immediate Brent crude oil prices soaring to record highs.

According to data from Platts, a subsidiary of S&P Global Energy, the spot Brent, which serves as the pricing benchmark for most of the world's crude oil, rose to $144.42 per barrel on Tuesday. Due to the impact of the Iran war, oil transportation through the Strait of Hormuz has been disrupted, causing an increase in the spot Brent price. Refineries around the world are rushing to procure available crude oil. In addition to the disrupted oil supply, the traffic interruptions in the Strait of Hormuz have also affected fuel supply, creating huge profits for the purchase and processing of oil. This key price indicator reflects the trading costs of North Sea crude oil in current ship cargoes.