By Florence Tan, Siyi Liu and Robert Harvey SINGAPORE/LONDON, April 1 (Reuters) - The halting of oil exports through the Strait of Hormuz has left the Dubai Middle East benchmark, the price used to value nearly a fifth of global crude supply,

A need for liquidity may be playing a role in the decision of some countries to reduce their holdings of U.S. government debt.

Matt Smith, Kpler lead oil analyst, joins 'Power Lunch' to discuss the Strait of Hormuz, when things may return to normal and much more.

Oil supply disruptions from the Middle East will ‌rise in April and begin to impact Europe's economy as the closure of the Strait of Hormuz severely curbs supplies, International Energy Agency head Fatih Birol said on Wednesday.

Energy stocks are strongly outperforming the broader market, driven by Middle East supply disruptions, investor rotation away from tech, and rising demand linked to AI growth.

Dubai crude oil prices surpassed $150 a barrel as transit in the Strait of Hormuz was crippled by the U.S.-Iran War. Brent crude prices have surged nearly 50% since the start of the war and currently trade around the $106 mark.

Tensions in Iran are impacting not only oil prices, but all derivatives of oil, including fertilizers and plastic.