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Oil Prices Climb for Fourth Day as Iran Threatens New Energy Chokepoints
Oil prices rose early on Wednesday for the fourth consecutive trading session as the collapsed U.S.-Iran ceasefire precipitated a new cri…
AI Summary
Oil prices rose early on Wednesday for the fourth consecutive trading session as the collapsed U.S.-Iran ceasefire precipitated a new crisis in the Strait of Hormuz and Iran threatened to close “all other export corridors that benefit the US and its allies.” As of early trade in Europe on Wednesday, Brent Crude prices were up by 0.83%, remaining above the $…
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