Oil prices rise after reports container ships in Hormuz hit by gunfire
By Shadia Nasralla LONDON, April 22 (Reuters) - Oil prices rose on Wednesday, erasing earlier losses after reports of gunfire attacks on at least three container ships in the Strait of Hormuz and a lack of progress in peace talks between the U.
‘Right Back Where We Started’: CMA CGM Ship Hit as Hormuz Attacks Resume
Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel strike and U.S. seizure of an Iranian-linked ship.