Oil and Gas Prices Surge After US Seizes Iranian Ship
President Donald Trump has said the US Navy fired upon and seized an Iranian-flagged cargo ship in the Gulf of Oman after it failed to heed warnings to stop as it left the Strait of Hormuz.
Bloomberg's Laura Davison reports on the latest as oil and gas prices rise. (Source: Bloomberg)
Strait of Hormuz closure impacts oil
- ‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats City AM —
- Oil prices climb as US-Iran stand-off keeps Strait of Hormuz in limbo Euronews —
- Oil prices jump after Strait of Hormuz setbacks Axios —
- Oil prices rise anew after a U.S.-Iran standoff in the Strait of Hormuz strands tankers CTV News —
- Oil prices surge 7%: US energy secretary issues warning as gas tops $4 per gallon amid Hormuz tensions Times Of India —