Crude Oil Rises as Iran’s Stance Dims Hopes for U.S. Deal
Crude oil prices surged Wednesday, partly recovering losses from the previous two sessions, as strong remarks by Iranian leaders diminished expectations of an early reopening of the Strait of Hormuz.
WASHINGTON (dpa-AFX) - Partially covering the losses from two previous sessions, crude oil prices have surged on Wednesday after strong remarks by Iranian leaders against the U.S. diminished expectations of an early reopening of the Strait of Hormuz.WTI Crude Oil for December delivery was last seen…