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Why has oil stayed below $100 a barrel despite supply disruptions amid US-Iran escalation?
Gulf producers have found alternative routes and are expected to continue sending cargoes for ship-to-ship transfers outside of Hormuz; non-Opec producers set to increase output.
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thehindubusinessline.com
Crude oil prices rise as US-Iran strikes raise fears of prolonged Hormuz supply disruption
Brent crude futures climbed 52 cents, or 0.54%, to $96.80 a barrel by 2354 GMT while U.S. West Texas Intermediate crude was at $92.14 a barrel, up 66 cents, or 0.72%.
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economictimes.indiatimes.com
Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh in
