Oil jumps over 3% as fresh military strikes threaten Hormuz shipments
By Anushree Mukherjee July 13 (Reuters) - Oil prices surged more than 3% on Monday after renewed military strikes between the United States and Iran reignited concerns over energy shipments through the Strait of Hormuz.
Oil prices jump over 3% as Iran expands Gulf strikes, raising supply fears
Brent crude climbed above $78 and WTI gained over 3% as escalating Iran-US tensions and threats to Strait of Hormuz shipping raised global supply concerns.
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Oil prices rise as U.S. launches new Iran airstrikes, while Trump abandons Strait of Hormuz fee
The U.S. military lauched new strikes against Iran as it reimposed a naval blockade. President Donald Trump has abandoned his demand that ships transiting the Strait of Hormuz pay a free for U.S. military protection. In this article Oil prices rose Tuesday ...
Brent surges above $85 as US crude inventories shrink, OPEC+ output pause speculation lifts oil
Oil prices jumped more than 4 per cent in early Asian trade on Wednesday, recovering sharply from the previous session’s steep losses, after industry data showed a significant drawdown in US crude inv
Oil jumps 3%, yields climb as Hormuz hopes fade: Stock market today
Wall Street’s record-setting run stalled Monday as crude oil surged more than 3% and Treasury yields pushed to their highest level this month, with hopes for a near-term deal to reopen the Strait of Hormuz fading fast.