Oil climbs as U.S.-Iran tensions flare, Strait of Hormuz focus
Oil rises in early Asian trade amid growing U.S.-Iran hostilities. The U.S. and Iran exchanged fire Tuesday while battling for control of the Strait of Hormuz, a key route for about one-fifth of the world’s oil.
Oil rises in early Asian trade amid growing U.S.-Iran hostilities.
The U.S. and Iran exchanged fire Tuesday as they continued to battle for control of the Strait of Hormuz, a key waterway through which one-fifth of the world's oil is transported.
The "fresh U.S. attacks on Iran raised concerns abou…