"For now, the market looks caught between short-term nerves over renewed hostilities and a lingering hope that both sides still have enough incentive to get energy flows moving,"

Oil rebounded as fresh U.S. military strikes in Iran clouded the outlook for a deal to reopen the Strait of Hormuz. Read more.

Oil rebounded as fresh US military strikes in Iran clouded the outlook for an interim deal between Tehran and Washington to reopen the Strait of Hormuz. Stephen Stapczynski…