Oil prices on the rise again as US-Iran fighting escalates
Benchmark prices for crude oil rose on Thursday as Iran said it targeted a US airbase in response to American air strikes.
Commercial traffic through the Strait of Hormuz, which had slightly ticked up in previous days, dwindled down to almost nothing again.
Also in this edition: Australia takes legal action against US consumer goods giant 3M over "forever chemicals" in firefighting foam.
Plus Brazilian leader Lula endorses more oil and gas exploration in the Amazon.
Trump Weighs Iran Ceasefire Deal
- US hits Iran with fresh strikes amid negotiations to end war South China Morning Post —
- US launches self-defense strikes on mine-laying boats in southern Iran, CENTCOM says NY Post —
- Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal The New York Times —
- US strikes Iranian targets amid agreement talks France 24 —
- War on Iran: US strikes Iran claiming ‘self defence’ 📹 Al Jazeera — · 2min