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Oil rises after US launches fresh strikes against Iran

Oil prices increased on Thursday following new U.S. strikes against Iran. These actions have diminished hopes for peace and the Strait of Hormuz reopening. Brent and West Texas Intermediate crude futures saw notable gains in early trading. Shipowners are expected to adopt a more cautious approach to voyages through the strait. Insurance providers are reviewing policy terms after recent vessel attacks.

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Economic TimesLean R·2h ago
Oil rises after US launches fresh strikes against Iran
Oil prices increased on Thursday following new U.S. strikes against Iran. These actions have diminished hopes for peace and the Strait of Hormuz reopening. Brent and West Texas Intermediate crude futures saw notable gains in early trading. Shipowners are expected to adopt a more cautious approach to voyages through the strait. Insurance providers are reviewing policy terms after recent vessel attacks.
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Oil rises after US launches fresh strikes against Iran

How 1 sources are covering this