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Oil surges for second day, Brent tops $83 after Iran orders Strait of Hormuz closure
Oil prices have soared more than14% this week as tanker traffic through the Strait of Hormuz has ground to a halt. European natural gas has soared more 70%.
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theguardian.com
Oil prices jump as Iran war threatens shipping through strait of Hormuz
Brent crude rose by 13% during early trading and stock markets came under pressure as US-Israeli strikes on Iran raised fears of disruption
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cnbc.com
Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
The conflict in the Middle East has sent oil prices soaring, as Brent Crude hit a new 52-week high on Monday.
