Oil prices steady Friday, but facing losses for the week. Geopolitical tensions remain elevated a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of the commodity.
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Strait of Hormuz: Oil choke point in focus after suspected attack on tankersThe Strait of Hormuz is in focus Thursday after attacks on two oil tankers near the Middle Eastern waterway amid heightened tensions between the U.S. and...
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Oil prices surge after two tankers reportedly attacked near Strait of HormuzGains for oil Thursday were in contrast to a weak session Wednesday that saw crude close at five-month lows. Reports of fresh tension in the Gulf of Oman...
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Tankers targeted near Strait of Hormuz amid Iran-US tensionsDUBAI, United Arab Emirates (AP) — Two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks on Thursday, leaving one ablaze and the other adrift and forcing sailors to...
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