Tensions in the Strait of Hormuz Cause Oil Prices to Rise by Nearly 3%
The tensions between the US and Iran are affecting the Strait of Hormuz, causing oil prices to rise. Brent oil rose by 2.8% to $78.14. In response to these developments, the US Central Command announced that the US military had struck 140 targets and continued its attacks on Iran. Iran retaliated with attacks on US…




