Oil futures extend gains to multimonth highs on Middle East escalation
WTI crude oil futures extend gains on Middle East escalation, with Houthi attacks on Saudi infrastructure and continuing strikes in the Strait of Hormuz.
Oil futures extended their gains as the Middle East conflict escalated, with Houthi attacks on Saudi infrastructure and continuing strikes in the Strait of Hormuz. "It doesn't seem like President Trump has any kind of good off-ramp here. And it feels like the Iranians despite the blockade feel they're…"