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With Crisis Set to Deepen, Why Aren't Oil Prices Higher?
By any historical yardstick, the near-closure of the Strait of Hormuz should have triggered a full-scale panic across oil and financial markets.
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aljazeera.com
Oil prices surge as violence flares in Strait of Hormuz
Brent crude rises nearly 6 percent as soaring tensions in waterway push ceasefire to the brink.
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energyintel.com
Oil Markets, Global Economy Nearing Dangerous Tipping Point
A few more weeks of the status quo, where most tankers are prevented from crossing the Strait of Hormuz, will push the current crisis into a whole new phase.
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With Crisis Set to Deepen, Why Aren't Oil Prices Higher?
By any historical yardstick, the near-closure of the Strait of Hormuz should have triggered a full-scale panic across oil and financial markets.
- ·
cnbc.com
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
Oil prices jumped on Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries is rapidly…