Oil Rises on Renewed U.S.-Iran Hostilities — Market Talk
Oil Rises on Renewed U.S.-Iran Hostilities — Market Talk
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Oil extends gains above $86 as Middle East supply risks persist
Crude oil climbed above $86 per barrel on Tuesday, extending the prior session’s gains. Renewed US-Iran hostilities raised concerns for energy flows, while Strait of Hormuz shipping risks persisted after a supertanker fire.
Oil rises on Trump Iran threat
Oil prices climb after US President Donald Trump threatens renewed military action against Iran, overshadowing peace talks
US: 55 Ships Transit Hormuz
US Central Command says that commercial maritime traffic through the Strait of Hormuz increased on Saturday, even as Iran announced the closure of the vital waterway. Safe passage remained intact, with 55 merchant ships transiting the Strait, US Central Command said in an X post on Saturday. The vessels moved more than