Oil Prices Rise Amid US-Iran Tensions Over Strait of Hormuz

oil prices Strait of Hormuz US

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Oil prices surged as the US and Iran engaged in strikes around the Strait of Hormuz.
US crude futures rose 3.4% to $73.87 and Brent futures gained 3.5% to $78.67 amid escalating conflict over the vital energy trade route.

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Oil prices surged as the US and Iran engaged in strikes around the Strait of Hormuz. US crude futures rose 3.4% to $73.87 and Brent futures gained 3.5% to $78.67 amid escalating conflict over the vital energy trade route.

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