CBL International shares surge 59.56% intraday as Hormuz Strait closure drives oil prices to four-year high.

CBL International surged 59.56% intraday as the U.S.-Israel attack on Iran caused the closure of the Strait of Hormuz, driving oil prices to a four-year high (Brent crude up over 9%), and the company specializes in marine fuel sales and distribution, providing one-stop ship fueling solutions.