Two supertankers U-Turn in Hormuz as US-Iran talks break down
The specific reasons behind the about-turns are not clear.
Oil prices surge amid Iran conflict
- Oil shock rekindles 1970s fears, but todayβs economy is better prepared Seeking Alpha —
- Iran War Drives Oil Shock Bloomberg —
- Collapse of US-Iran talks heightens fears of prolonged energy shock The Guardian —
- Vitol trading bet backfires as Iran conflict jolts oil markets: WSJ Seeking Alpha —
- Is Iran war fallout hitting US wholesale prices? Financial Times —