Tag: hostilities worsen
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Oil prices rise as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains as the U.S. said it had begun a new wave of strikes against Iranian military installations on Wednesday, aiming to limit Tehran’s ability to strike commercial shipping in the Strait of Hormuz.Washington had earlier reimposed a naval blockade of Iranian ports and launched o
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Oil prices rise 1% as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains by around 1 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran’s Islamic Revolutionary Guard Corps threatened to close “all other export corridors that benefit the U.S. and its allies”.Brent futures gained 69 cents, or
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Oil prices rise 2% as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains by around 2 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran’s Islamic Revolutionary Guard Corps threatened to close “all other export corridors that benefit the U.S. and its allies”.Brent futures climbed $1.71, or 2
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