EconomyMarkets Weigh Energy Supply Strain: Market Snapshot

A new flare-up of tit-for-tat attacks between the US and Iran has put the Strait of Hormuz back in focus, sending gas, oil and other commodity prices higher this week. As talks stall and Europe approaches the end of summer, falling gas storage levels are adding to a global struggle for supply and raising the prospect of higher winter prices for governments and consumers.