Oil prices rise amid US-Iran tensions over Strait of Hormuz
pre-market1 source ↓written by the desknot a recommendation
- Brent crude rose
- 0.9%
- a barrel
- $73.21
Oil prices have increased as tensions between the United States and Iran escalate. Brent crude rose 0.9% to $73.21 a barrel, reflecting concerns over shipping disruptions in the Strait of Hormuz. This rise indicates a market correction following previous ceasefire optimism.
Not investment advice. For informational purposes only.