Oil hits 4-year high on Hormuz Strait, fresh U.S. military action fears

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https://cdnph.upi.com/ph/st/th/6861777549977/2026/upi_com/36d55060e6143f0d13b563e57245e726/v1.5/Oil-hits-4-year-high-on-Hormuz-Strait-fresh-US-military-action-fears.jpg" /> Oil briefly topped $126 on Asian markets on news the United States might resume bombing Iran and the Hormuz Strait closure could continue for months.

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