WorldRenewed US-Iran hostilities revive fears of oil supply disruption
The resumption of hostilities between the United States and Iran has revived concerns about disruptions to oil supplies. Prices are set for their biggest weekly rise since mid-July, up 7.6%, as the war enters its seventh month. The Strait of Hormuz, carrying a quarter of global oil supplies, has remained blocked since the conflict began.
Renewed US-Iran hostilities revive fears of oil supply disruption
WorldMAJOR