Breaking3h ago•2 min read
Oil rises as fears of ship attacks and seizures persist
Summary
Tensions in the Strait of Hormuz continue to rise - but what impact will this have on global oil prices?
Global oil prices are up as anxieties persist over ship attacks and seizures involving Iran, the U.A.E. and Oman. Discussions between U.S. and Chinese leaders are ongoing - but what does this mean for global oil supply?