Oil jumps to $90 per barrel as Iran-US resume strikes over Strait of Hormuz

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Crude oil prices surged above $90 per barrel amid renewed military strikes between the United States and Iran over the Strait of Hormuz. This escalation has raised fears of disruptions to global oil supply through this critical shipping route.

Crude oil prices have risen above $90 per barrel after the United States and Iran resumed military strikes over the Strait of Hormuz, reviving concerns about disruptions to global oil supplies through the strategic waterway. The post Oil jumps to $90 per barrel as Iran-US resume strikes over Strait of Hormuz appeared first on Nairametrics.

World Security Conflict Politics Markets Commodities Energy Shipping crude oil Strait of Hormuz Iran United States oil prices military strikes global supply

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