May 19, 2026May 19, 2026
KCNA Pyongyang Times

Oil prices skyrocket worldwide

Date: 18/05/2026 | Source: Pyongyang Times | Read original version at source

Oil prices are shooting up in the world.

According to the recent report of Ria-Novosti of Russia, the global average oil price increased by 36.5% in April as compared to last year, the highest record since July 2022.

Foreign media outlets and experts express concern over the soaring oil price, attributing the eruption of the worst-ever energy crisis to the military intervention of the US in the Middle East.

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