Oil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran asked Houthi movement to prepare to close the Red Sea route. United States launched air strikes on Wednesday and continued firing. Oil security remains a critical issue for global markets.
Oil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran asked Houthi movement to prepare to close the Red Sea route. United States launched air strikes on Wednesday and continued firing. Oil security remains a critical issue for global markets.
<iframe src="https://hindustansphere.com/embed/cluster/644c078cfb82a055fae09b4f72bd657617e9a018" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Oil rises on intensifying US-Iran hostilities and threat of Red Sea closure"></iframe>
