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Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport through the Strait of Hormuz.
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dailymail.co.uk
Oil prices surge as Iran keeps threat to close global shipping route
Brent crude futures were up $1.52 or 1.97 per cent to $78.53 a barrel as of 6am UK time. US West Texas Intermediate crude advanced $1.51 or 2.04 per cent to $75.35.
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cnbc.com
Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport through the Strait of Hormuz.
