Oil climbs as fresh US-Iran strikes revive Hormuz supply fears
Oil prices rose sharply Thursday, Sept. 3, after fresh US-Iran military strikes ended relative calm in West Asia, renewing concerns about supplies through the Strait of Hormuz. Brent reached $97.62/bbl, its highest since July 27.
Oil prices climbed sharply on Thursday, September 3, after fresh military strikes between the US and Iran ended weeks of relative calm in West Asia and renewed concerns over supplies moving through the Strait of Hormuz.Brent crude rose to $97.62 a barrel, its highest level since July 27, while West…