The Mirror
UK · 3 hrs ago
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Oil prices jump as Strait of Hormuz tensions frazzle market amid fragile ceasefire
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Oil prices rose as Brent Crude responded to reports of Iranian strikes on the UAE and concerns about potential disruption to shipping through the Strait of Hormuz. The market movement reflects geopolitical tensions in the region amid ongoing ceasefire discussions.
Oil prices jump as Strait of Hormuz tensions frazzle market amid fragile ceasefire
Brent Crude, the primary benchmark for oil prices worldwide, climbed at the start of the week amid reports that Iran carried out strikes on the UAE and markets worried over the Strait of Hormuz
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