Crude oil prices edged lower early Thursday as signs that oil cargoes were continuing to move through the Bab el-Mandeb Strait helped…

Oil prices slip as tankers operate in Middle East conflict zones. New all-time high by September 30 at 6.6% YES, by December 31 at 14.5% YES.

Oil prices fell as traders focused on continued tanker movements through the Bab el-Mandeb Strait despite escalating military action involving the U.S., Iran, and regional allies.