Oil Jumps After US Seizure of Iranian Ship Escalates Conflict
Oil soared after the US Navy seized an Iranian ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz just hours after opening the waterway.
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 —