Oil prices climb as US-Iran tensions cloud Strait of Hormuz recovery

Oil prices climb as US-Iran tensions cloud Strait of Hormuz recovery

Crude oil prices edged higher as renewed tensions between the United States and Iran raised fresh doubts over the reopening of the Strait of Hormuz, one of the world’s most critical energy shipping lanes. Brent crude ticked up amid concerns that tit-for-tat strikes between Washington and Tehran could derail efforts to restore normal traffic through […]

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