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Why are global sugar, oil and gas prices surging now, and how many oil and liquefied gas tankers are stuck near Strait of Hormuz? Global oil, gas and sugar rise, analysts insights and market outlook explained. Here's what should investors do now

Source: The Times of India | Published: 2026-03-03 12:48:50

Why are global sugar, oil and gas prices surging now, and how many oil and liquefied gas tankers are stuck near Strait of Hormuz? Prices jumped after the Iran conflict disrupted Gulf shipping. About 200 vessels, including oil and LNG tankers, dropped anchor, …

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