Norway's energy minister Terje Aasland said that rising oil and gas prices due to the war and blockade of the Strait of Hormuz have negative effects on the Norwegian economy. The oil price has risen from 70 to 109 dollars per barrel, increasing Norway's revenues from oil and gas exports, according to Nordea's Thina Saltvedt.
rising oil and gas prices due to the war and blockade of the Strait of Hormuz have negative effects on the Norwegian economy