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Oil retreats after hitting four-year high on concern of US-Iran war escalation
target="_blank">Oil retreats after hitting four-year high on concern of Iran war escalation Reuters This cluster currently includes 3 articles from 3 sources.
This cluster currently includes 3 articles from 3 sources. Sources in this event include Associated Press, Reuters, CNN.
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Iran’s economy has been battered. Its leaders still think Trump will blink first
Two regional officials say that Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war. A standoff remains on the strait, the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as.
Oil retreats after hitting four-year high on concern of US-Iran war escalation
target="_blank">Oil retreats after hitting four-year high on concern of Iran war escalation Reuters
Oil briefly touches $126, its highest price in four years | CNN Business
Oil briefly surpassed $126 a barrel Thursday, its highest price in four years, as some traders worried about an escalation in the US-Iran war that would keep the Strait of Hormuz effectively shut. Brent crude, the global benchmark, surged overnight to touch $126.41 a barrel, before falling to $115.8 a barrel, as.