Oil prices rise as Trump threatens new strikes on Iran. Crude oil reaching a new all-time high by December 31 at 14% YES.

Oil prices rise amid US-Iran tensions and rate hike expectations. Crude oil reaching a new all-time high by December 31 at 13% YES.

Crude oil futures rise as Trump threatens further strikes against Iran, while a tanker reports being struck by projectiles near the Strait of Hormuz.