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

Monday, Mar 2, 2026 10:50 am ET1min read
BANL--
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.

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