In the latest podcast episode of "Your Business," significant developments in the oil market were discussed, focusing on the sharp increase in the price of Brent crude oil. On Monday night, the price surged to $120 per barrel, marking the largest spike since 1988, largely attributed to transit problems through the Strait of Hormuz. In response to these price surges, governments of countries that import oil are contemplating stabilization measures, which may include releasing strategic reserves or tax reductions. Poland's finance minister, Andrzej Domański, has also indicated that a similar intervention could be on the table, reflecting a proactive approach to mitigating potential economic fallout from rising oil prices.