Brent crude oil prices have once again topped $100 per barrel, as energy markets brace for the Iran conflict to drag on. US President Donald Trump says he’s less concerned about high oil prices than about stopping Iran, while his energy secretary has confirmed the military cannot yet escort tankers through the Strait of Hormuz. Also in the show – Indian households and businesses are facing high prices and shortages of cooking fuel, linked to the Gulf disruptions.
Oil Trades Near 42-Month High as Iran Vows to Keep Hormuz Closed
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