Brent climbs to $108, gas hits $4.53 as Hormuz blockade hardens

The Strait of Hormuz closure pushed Brent to $108.07 and WTI to $106—a weekly jump of 8–11%. U.S. pump prices hit $4.528 nationally; California breached $6. European TTF gas surged 19.87% to €50.85. UBS warns global stockpiles are approaching historic lows by month-end, with April supply at 95.1 million barrels per day.