Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed
The week is kicking off with fresh spikes for oil prices as the U.S. and Iran continued to exchange attacks.
US-Iran Strikes Escalate, Hormuz Control Disputed
- U.S. launches airstrikes against Iran after Tehran attacks container ship in Hormuz, Pentagon says CNBC —
- West Asia war LIVE: U.S. launches strikes on Iran after attack on civilian vessel in Strait of Hormuz The Hindu —
- U.S. launches new strikes on Iran as standoff threatens chronic Persian Gulf oil instability Seeking Alpha —
- US launches new strikes on Iran after container ship hit in Hormuz; IRGC announces closure of vital strait Dawn —
- US attacks Iran over ship being hit in Strait of Hormuz; Tehran lashes out again at Gulf Arab states Korea Times —