WorldOil Extends Gains as Iran Strikes Targets in Strait of Hormuz
Oil prices continued to rise after reports said Iran attacked what Tehran called “hostile targets” in the Strait of Hormuz. Iran is seeking, through a deal with Oman, to prevent US ships from using the strategic waterway. The reported attacks and proposed arrangement have heightened concern over access to the critical shipping route.
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Oil Extends Gains as Iran Strikes Targets in Strait of Hormuz
WorldMAJOR