Oil prices skyrocket worldwide
May 18, 2026Oil 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.
KCNA-THE PYONGYANG TIMES
