Oil rises about $2 after reports of tankers hit near Hormuz
Crude oil futures on NYMEX were up around $2 by midday Tuesday after reports that two tankers in the Strait of Hormuz were struck by projectiles, intensifying supply fears amid continued shipping declines.
Crude oil contracts rose by around $2 by midday Tuesday, following reports that two tankers in the Strait of Hormuz were struck by projectiles, intensifying supply fears amid a prolonged decline in shipping traffic through the key petroleum route.At 11:40 a.m.
ET, NYMEX October West Texas Intermedi…