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Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
SINGAPORE: Oil prices rose nearly 3 percent on Tuesday to their highest in four weeks, as the US reimposed its naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz, heightening uncertainty about energy flows. Brent crude futures were last up $1.50, or 1.8 percent, to $84.80 per barrel at 06:30 a.m. Saudi time, while US West Texas Intermediate crude rose $1.70, or 2.2 percent, to $79.84 a barrel.
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straitstimes.com
Oil jumps more than 4% as US and Iran trade strikes, dispute Hormuz status
Brent crude surged 4.1 per cent to US$79.14 a barrel as at 9.40am Singapore time, after gaining 5.4 per cent last week. Read more at straitstimes.com. Read more at…
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Oil jumps more than 3% as US and Iran trade strikes, dispute Hormuz status
Brent crude rose 3.2 per cent to US$78.43 a barrel as at 7am Singapore time, after gaining 5.4 per cent last week. Read more at straitstimes.com. Read more at straitstimes.com.
