Oil and Gas Jump After US Seizure of Iranian Ship Imperils Talks
Oil and natural gas prices have soared after the US Navy seized an Iranian-flagged cargo ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz.
Bloomberg's Laura Davison and Stephen Stapczynski report on the latest. (Source: Bloomberg)
Oil Prices Surge Amid Conflict
- Oil price back up as fragile US-Iran peace process in disarray The Independent —
- ‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats City AM —
- Oil prices jump and stocks are mixed as the US-Iran standoff keeps the Strait of Hormuz in limbo ABC News —
- Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes The Guardian —
- Airfares, petrol pumps, rent: Inflation to jump due to Iran war City AM —