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Oil markets are spooked as Iran-Israel tensions escalate
Israel’s strike on Iran, and Tehran’s subsequent retaliation fuel fears of Strait of Hormuz trade disruptions.
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nytimes.com
Oil Prices Surge and Stock Markets Stumble After Israel Strikes Iran
The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.
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cnbc.com
Why Iran won't block the Hormuz Strait oil artery even as war with Israel looms
Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be physically impossible.
