Oil Prices Hit Four-Week High Amid Escalating US-Iran Conflict

Oil prices have reached a four-week high as tensions between the US and Iran escalate, with shipping data showing a significant drop in tanker transits through the Strait of Hormuz.

14 Jul, 12:37 — 14 Jul, 12:37

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channel-news-asiaMostly Factual43d ago

Oil hits four-week high as US-Iran conflict escalates

Shipping data on Monday also showed the number of tankers transiting the Strait of Hormuz fell in the past day to the lowest level in two months.

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Oil Prices Hit Four-Week High Amid Escalating US-Iran Conflict

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Oil hits four-week high as US-Iran conflict escalates

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