Hormuz Traffic at Standstill as US Vessel Seizure Widens Risk
Commercial traffic through the Strait of Hormuz is at a virtual standstill on Monday after a brief and confused reopening over the weekend ended with the first US seizure of an Iranian vessel — underscoring just how difficult it will be to restore activity in the vital strait.
Oil Prices Surge on War Tensions
- Oil rises 5% on renewed US-Iran tension RTE —
- Oil prices jump more than 5% after Trump says Iranian ship is seized Daily Mail —
- Oil Prices Jump Even as U.S. and Iran Press for a Resolution Barrons —
- Why Oil Prices Are Rising Again Ahead of Potential U.S., Iran Peace Talks Barrons —
- Oil prices increase, U.S. stocks ease following record-breaking rally Global News —