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Oil rises after US launches fresh strikes against Iran
BEIJING, July 9 : Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 78 cents, or 1 per cent to $78.8 a b
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aljazeera.com
Oil surges as US strikes Iran, reversing return to pre-war prices
Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.
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dawn.com
Oil rises as US strikes on Iran raise fears over shaky truce
“The current conflagration is a reminder to the market of how fragile passage through the Strait still is,” analyst says.
