Oil traders are warning that the latest flare-up of tensions in the Strait of Hormuz marks a risky new phase for the market. Read here now

Iran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between the two nations. Global oil reserves have…

While inventories are not at critical levels, another prolonged disruption of supply through the Strait of Hormuz could change that within months.

Oil traders are warning that the latest flare-up of tensions in the Strait of Hormuz marks a risky new phase for the market. Read here now